Cort L. O'haver - Mar 1, 2024 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
Executive Chairman, Director
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Mar 1, 2024
Transactions value $
$2,499,959
Form type
4
Date filed
3/4/2024, 07:19 PM
Previous filing
Mar 1, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLB Common Stock Award $1M +56K +13.56% $17.87 469K Mar 1, 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 $750K +42K $17.87 42K Mar 1, 2024 Common Stock 42K Direct F3
transaction COLB Performance Restricted Stock Unit Award $750K +42K +100% $17.87 83.9K Mar 1, 2024 Common Stock 42K 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.