Andrew H. Ognall - Feb 25, 2025 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
IMO General Counsel
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Feb 25, 2025
Transactions value $
$879,928
Form type
4
Date filed
2/26/2025, 04:38 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 $500K +18.8K $26.60 18.8K Feb 25, 2025 Common Stock 18.8K Direct F1
transaction COLB Restricted Stock Unit Award $190K +7.14K +38% $26.60 25.9K Feb 25, 2025 Common Stock 7.14K Direct F2
transaction COLB Performance Restricted Stock Unit Award $95K +3.57K +36.47% $26.60 13.4K Feb 25, 2025 Common Stock 3.57K Direct F3
transaction COLB Performance Restricted Stock Unit Award $95K +3.57K +26.72% $26.60 16.9K Feb 25, 2025 Common Stock 3.57K 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, 2028.
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.