Anthony L. Leggio - 18 May 2023 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
Director
Signature
/s/Anthony L Leggio by Janine Howard, Attorney-in-fact
Issuer symbol
TCBK
Transactions as of
18 May 2023
Transactions value $
$0
Form type
4
Filing time
19 May 2023, 18:12:15 UTC
Previous filing
10 Jan 2023
Next filing
06 Jun 2023
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 +1.87K +1.72% 110K 19 May 2023 Direct F1
transaction TCBK Common Stock Other $0 0 0% $0.00* 75K 19 May 2023 Bolthouse Properties F2
transaction TCBK Common Stock Other $0 0 0% $0.00* 33.8K 19 May 2023 In trust for family members F2

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 Restricted stock unit Options Exercise $0 -1.87K -100% $0.00* 0 19 May 2023 Common Stock 1.87K Direct F1
transaction TCBK Restricted stock unit Options Exercise $0 +2.12K $0.00 2.12K 18 May 2023 Common Stock 2.12K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of RSU into common stock on a one for one basis. RSU was granted on May 19, 2022. Price per share on vesting date (May 19, 2023) is $33.55.
F2 No transactions occurred amongst these shares. Intended only to reflect the number of shares beneficially owned.
F3 Represents the grant of Restricted Stock Units. 100% of shares vest on 5/18/2024. Cash dividends on RSU are reinvested in shares of common stock of the Issuer at fair market value on date of dividend payment. Per unit value on date of grant was $35.39 (based on the 30-day average closing price of Issuers common stock.