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, 2023:                                   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, 2023 - January 31, 2023     1,186     $ —       —       302,027   February 1, 2023 - March 1, 2023     6,441       15.28       6,441       295,586   March 2, 2023 - April 1, 2023     47,148       13.86       38,000       257,586   Total     54,775     $ 14.07       44,441                                             (1) Shares repurchased by the Company during the quarter include shares acquired from participants in connection with cancellation of restricted stock to pay withholding taxes totaling 1,186 shares, 0 shares, and 9,148 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, 2023, a total of 765,834 shares, or 74.8% percent of the shares authorized in the October 2020 stock repurchase plan, have been purchased at an average cost of $16.04 per share, leaving 257,586 shares available for future purchases.     55 Table of Contents     Item 3. Defaults Upon Senior Securities   Not applicable.   Item 4. Mine Safety Disclosures   Not applicable.