DANIEL BAILEY - 28 Mar 2025 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Signature
/s/Daniel Bailey by Janine Howard, Attorney-in-Fact
Issuer symbol
TCBK
Transactions as of
28 Mar 2025
Transactions value $
$0
Form type
4
Filing time
31 Mar 2025, 18:21:27 UTC
Previous filing
05 Mar 2025
Next filing
28 May 2025

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TCBK Restricted Stock Unit Award $0 +3.68K +46.33% $0.00 11.6K 28 Mar 2025 Common Stock 3.68K Direct F1
transaction TCBK Performance Stock Unit Award $0 +3.68K +31.51% $0.00 15.4K 28 Mar 2025 Common Stock 3.68K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Unit (RSU) award which vests in 33.33% per year over three years. Cash dividends on RSUs are reinvested in shares of Issuers common stock at fair market value on date of dividend payment. Per unit value on date of grant was $42.07 (based on the 30-day average closing price of Issuers common stock ending 03/28/2025).
F2 Represents a grant of Performance-based restricted stock unit (PSU) award that cliff vests after 3 years between 0% and 150% of the target number of shares (the numbers of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.