TIMBERLAND BANCORP INC — Director's Dealing 2015

May 1, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIMBERLAND BANCORP INC (TSBK)
CIK: 0001046050
Period of Report: 2015-04-30

Reporting Person: CLINTON ANDREA M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-30	Stock options (right to buy)	$10.55	A	1000	Acquired	2025-04-30	Common Stock (1000)	Direct

Footnotes

F1: Stock options were granted on 4/30/2015. These options will vest at 20% per annum.