Cort L. O'Haver - 01 Mar 2024 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Signature
/s/ Lisa M. White, Attorney-in-fact
Issuer symbol
COLB
Transactions as of
01 Mar 2024
Net transactions value
+$2,499,959
Form type
4
Filing time
04 Mar 2024, 19:19:50 UTC
Previous filing
01 Mar 2024
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLB Common Stock Award $999,987 +55,959 +14% $17.87 468,564 01 Mar 2024 Direct F1, 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 COLB Performance Restricted Stock Unit Award $749,986 +41,969 $17.87 41,969 01 Mar 2024 Common Stock 41,969 Direct F3
transaction COLB Performance Restricted Stock Unit Award $749,986 +41,969 +100% $17.87 83,938 01 Mar 2024 Common Stock 41,969 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 03/01/2024. Beginning on the first anniversary of the grant date, the grant will vest 33.33% per year for three years.
F2 The reporting person's ownership report total was adjusted to reflect exempt transfers pursuant to a Stipulated General Judgment of Dissolution of Marriage.
F3 Performance restricted stock units granted 03/01/2024. The grant will vest approximately three years following the grant date based on the issuer's relative total shareholder return performance for fiscal years 2024-2026 compared to a Compensation Committee approved group of peers.
F4 Performance restricted stock units granted 03/01/2024. 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 2024-2026 compared to a Compensation Committee approved group of peers.