First Northwest Bancorp 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   (a) Not applicable.   (b) Not applicable.   (c) The following table summarizes common stock repurchases during the three months ended March 31, 2022:                                   Period   Total Number of Shares Purchased (1)     Average Price Paid per Share     Total Number of Shares Repurchased as Part of Publicly Announced Plans (2)     Maximum Number of Shares that May Yet Be Repurchased Under the Plans                                     January 1, 2022 - January 31, 2022     1,572     $ —       —       658,370   February 1, 2022 - March 1, 2022     —       —       —       658,370   March 2, 2022 - April 1, 2022     7,347       —       —       658,370   Total     8,919     $ —       —                                             (1) Shares repurchased by the Company during the quarter represent shares acquired from participants in connection with cancellation of restricted stock to pay withholding taxes totaling 1,572 shares, 0 shares, and 7,347 shares, respectively, for the periods indicated.   (2) On October 28, 2020, the Company announced that its Board of Directors had authorized the repurchase of up to an additional 1,023,420 shares of its common stock, or approximately 10% of its shares of common stock issued and outstanding as of October 27, 2020. As of March 31, 2022, a total of 365,050 shares, or 35.7% percent of the shares authorized in the October 2020 stock repurchase plan, have been purchased at an average cost of $17.05 per share, leaving 658,370 shares available for future purchases.     49 Table of Contents     Item 3. Defaults Upon Senior Securities   Not applicable.   Item 4. Mine Safety Disclosures   Not applicable.