Frank Namdar - Feb 25, 2025 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
Chief Credit Officer
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Feb 25, 2025
Transactions value $
$449,966
Form type
4
Date filed
2/26/2025, 04:22 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 $225K +8.46K $26.60 8.46K Feb 25, 2025 Common Stock 8.46K Direct F1
transaction COLB Performance Restricted Stock Unit Award $112K +4.23K +37.79% $26.60 15.4K Feb 25, 2025 Common Stock 4.23K Direct F2
transaction COLB Performance Restricted Stock Unit Award $112K +4.23K +27.43% $26.60 19.6K Feb 25, 2025 Common Stock 4.23K Direct F3
holding COLB Deferred Compensation Phantom Stock 2.92K Feb 25, 2025 Common 2.92K Deferred Compensation 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 33.33% per year over three years.
F2 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.
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 return on tangible common equity for fiscal years 2025-2027 compared to a Compensation Committee approved group of peers.
F4 The deferred compensation plan phantom stock was accrued under the Registrant's deferred compensation plan and will be paid in cash in accordance with the terms of the deferred compensation plan following end of the reporting person's employment with the Registrant.