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TIMBERLAND BANCORP INC Director's Dealing 2008

Oct 3, 2008

33448_dirs_2008-10-03_71deb47d-4199-4f64-a22c-a96284666884.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2008-10-01

Reporting Person: DRUGGE ROBERT A (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-10-01 Common Stock, $.01 par value per share A 2000 Acquired 18000 Direct

Footnotes

F1: Represents award of restricted stock under the Management Recognition and Development Plan. The shares vest in equal installments over the five year period following the award date.