Drew K. Anderson - Feb 25, 2025 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
Chief Administrative Officer
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Feb 25, 2025
Transactions value $
$1,399,931
Form type
4
Date filed
2/26/2025, 03:41 PM
Previous filing
Feb 18, 2025
Next filing
Mar 4, 2025
SEC
View on sec.gov

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 COLB Restricted Stock Unit Award $1M +37.6K $26.60 37.6K Feb 25, 2025 Common Stock 37.6K Direct F1
transaction COLB Restricted Stock Unit Award $200K +7.52K +20% $26.60 45.1K Feb 25, 2025 Common Stock 7.52K Direct F2
transaction COLB Performance Restricted Stock Unit Award $100K +3.76K +33.59% $26.60 14.9K Feb 25, 2025 Common Stock 3.76K Direct F3
transaction COLB Performance Restricted Stock Unit Award $100K +3.76K +25.15% $26.60 18.7K Feb 25, 2025 Common Stock 3.76K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted 02/25/2025. The grant will vest 100% on or about March 15th, 2030.
F2 Restricted stock units granted 02/25/2025. The grant will vest 33.33% per year over three years.
F3 Performance restricted stock units granted 02/25/2025. The grant will vest approximately three years following the grant date based on the issuer's relative total shareholder return performance for fiscal years 2025-2027 compared to a Compensation Committee approved group of peers.
F4 Performance restricted stock units granted 02/25/2025. The grant will vest approximately three years following the grant date based on the issuer's relative return on tangible common equity for fiscal years 2025-2027 compared to a Compensation Committee approved group of peers.