Andrew H. Ognall - Mar 1, 2024 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
IMO General Counsel
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Mar 1, 2024
Transactions value $
$349,966
Form type
4
Date filed
3/4/2024, 07:49 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 $175K +9.79K +13.61% $17.87 81.7K Mar 1, 2024 Direct F1
holding COLB Common Stock 2.47K Mar 1, 2024 by 401(k)

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 $87.5K +4.9K $17.87 4.9K Mar 1, 2024 Common Stock 4.9K Direct F2
transaction COLB Performance Restricted Stock Unit Award $87.5K +4.9K +100% $17.87 9.79K Mar 1, 2024 Common Stock 4.9K Direct F3
* 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 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
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 return on tangible common equity for fiscal years 2024-2026 compared to a Compensation Committee approved group of peers.