FS Bancorp, Inc. — Director's Dealing 2018

Jan 31, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FS Bancorp, Inc. (FSBW)
CIK: 0001530249
Period of Report: 2018-01-29

Reporting Person: Zavaglia Joseph P. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-29	Common Stock	M	5071	$16.89	Acquired	7131	Direct
2018-01-29	Common Stock	S	5071	$56.2454	Disposed	2060	Direct
2018-01-30	Common Stock	M	2729	$16.89	Acquired	4789	Direct
2018-01-30	Common Stock	S	2729	$55.9108	Disposed	2060	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-29	Stock Option (Right to Buy)	$16.89	M	5071	Disposed	2024-05-08	Common Stock (5071)	Direct
2018-01-30	Stock Option (Right to Buy)	$16.89	M	2729	Disposed	2024-05-08	Common Stock (2729)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4807	Indirect

Footnotes

F1: Includes shares of restricted stock that were withheld for shares that vested on May 8, 2015, May 6, 2016 and May 8, 2017.

F2: Stock Options awarded pursuant to the FS Bancorp, Inc. 2013 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on May 8, 2015.