SAND MICHAEL R (President and CEO) sold 5.0% of their position (3.83K shares) of TIMBERLAND BANCORP INC on the open market

Open‑market sale worth $106.4K — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

SAND MICHAEL R

Filed: 2/24/2021ACC: 0000939057-21-000065

InsiderSAND MICHAEL RCIK 1251572

→

IssuerTIMBERLAND BANCORP INCCIK 1046050

Officer· President and CEO

Since Sep 2018

-3.83K

Net shares

Net seller

$106.4K

Total sold

Open market trades

0B · 1S

Total transactions

3.83K acquired · 7.67K disposed

Non-Derivative Transactions2

Common Stock, $0.01 par value per share

Direct

M · Option Exercise

+3.83K

Price / share

$15.67

Trade value

$60.08K

% of position

5.3%

2/23/2021

72.86K→76.69K

Common Stock, $0.01 par value per share

Direct

S · Sale

−3.83K

Price / share

$27.75

Trade value

$106.39K

% of position

5.0%

2/23/2021

76.69K→72.86K

Total

Net shares

+0.00

Net value

-$46.31K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.01 par value per share Direct	2/23/2021	M · Option Exercise	+3.83K	$15.67	$60.08K	5.3%	72.86K	76.69K
Common Stock, $0.01 par value per share Direct	2/23/2021	S · Sale	−3.83K	$27.75	$106.39K	5.0%	76.69K	72.86K
Total			+0.00		-$46.31K

Derivative Transactions1

Stock Options (Right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.83K shares

−3.83K

Strike price

15.67

Held after

13K

Exercisable

—

2/23/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to buy) Direct	Common Stock3.83K shares	2/23/2021	M · Option Exercise	−3.83K	15.67	—	13K

Non-Derivative Holdings (Post-Transaction)1

Common Stock, $0.01 par value per share

Indirect

Shares owned94.08K

Total

94.08K indirect94.08K

Security Title	Shares Owned	Ownership Type
Common Stock, $0.01 par value per share	94.08K	Indirect
Total	94.08K	94.08K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported