DANIEL BAILEY - 22 Jul 2021 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
EVP - Chief Banking Officer
Signature
/s/ Daniel Bailey by Jason Cove, Attorney-In-Fact
Issuer symbol
TCBK
Transactions as of
22 Jul 2021
Transactions value $
-$38,470
Form type
4
Filing time
26 Jul 2021, 17:23:41 UTC
Previous filing
29 Jun 2021
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +1.69K +4.02% 43.8K 22 Jul 2021 Direct F1
transaction TCBK Common Stock Tax liability -$38.5K -970 -2.22% $39.66 42.8K 22 Jul 2021 Direct F2
transaction TCBK Common Stock Other $0 0 0% $0.00* 9.12K 22 Jul 2021 By ESOP F3

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 Performance Stock Unit Options Exercise $0 -1.69K -16.88% $0.00 8.34K 22 Jul 2021 Common Stock 1.69K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance-based stock unit (PSU). Each PSU represented the right to receive 0%-150% of the target number of shares based on the Issuers total stockholder return relative to the KBW Regional Banking Index (based on an initial grant of 1,160 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 146%.
F2 Reflects shares withheld to pay for taxes.
F3 No transactions occurred among these shares. Intended only to reflect shares beneficially owned in the reporting persons ESOP account as of December 31, 2020.