TIMBERLAND BANCORP INC — Director's Dealing 2008

Feb 14, 2008

SEC Form 4/A — Form 4/A

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2007-10-23

Reporting Person: SAND MICHAEL R (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-23	Common Stock, $0.01 par value	A	1000	—	Acquired	78860	Direct

Footnotes

F1: Reason for Amendment: Information was included on Table II on the reporting person's original Form 4 that was not applicable to the reported transaction, and the transaction code was incorrectly stated. The Form 4 that was originally filed on October 25, 2007 has been restated in its entirety.

F2: Represents award of restricted stock under the Management Recognition and Development Plan ("MRDP"). The shares vest in equal installments over the five year period following the award date.

F3: Includes indirect ownership of 31,804 shares held by pension plan, 1,778 shares held by IRA, 1,778 shares held by wife, 2,500 shares held by children, and 1,000 shares held by MRDP Trust, does not reflect beneficial ownership of stock options reportable on Table II.