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

Signature
/s/ Lisa M. White, Attorney-in-fact
Issuer symbol
COLB
Transactions as of
25 Feb 2025
Net transactions value
+$1,399,931
Form type
4
Filing time
26 Feb 2025, 15:41:44 UTC
Previous filing
18 Feb 2025
Next filing
04 Mar 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 COLB Restricted Stock Unit Award $999,974 +37,593 $26.60 37,593 25 Feb 2025 Common Stock 37,593 Direct F1
transaction COLB Restricted Stock Unit Award $199,979 +7,518 +20% $26.60 45,111 25 Feb 2025 Common Stock 7,518 Direct F2
transaction COLB Performance Restricted Stock Unit Award $99,989 +3,759 +34% $26.60 14,949 25 Feb 2025 Common Stock 3,759 Direct F3
transaction COLB Performance Restricted Stock Unit Award $99,989 +3,759 +25% $26.60 18,708 25 Feb 2025 Common Stock 3,759 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.