Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | COLB | Common | Award | $0 | +1.02K | +2.69% | $0.00 | 38.9K | Feb 28, 2023 | Direct | F1 |
transaction | COLB | Common | Award | $0 | +1.02K | +2.62% | $0.00 | 39.9K | Feb 28, 2023 | Direct | F1 |
transaction | COLB | Common | Award | $0 | +1.7K | +4.26% | $0.00 | 41.6K | Feb 28, 2023 | Direct | F1 |
transaction | COLB | Common | Award | $0 | +1.52K | +3.65% | $0.00 | 43.2K | Feb 28, 2023 | Direct | F1 |
Id | Content |
---|---|
F1 | At the effective time of the merger (the "Effective Time") of Cascade Merger Sub, Inc. ("Merger Sub"), a direct, wholly-owned subsidiary of the Issuer, with and into Umpqua Holdings Corporation ("Umpqua"), pursuant to that certain Agreement and Plan of Merger, dated as of October 11, 2021 (the "Merger Agreement"), by and among the Issuer, Umpqua and Merger Sub, each outstanding performance stock unit award of the Issuer granted under the Issuer's equity compensation plans was converted into a restricted stock unit award of the Issuer based on a level of performance determined in accordance with the Merger Agreement, with such awards continuing to vest after the Effective Time solely based on continued service. |