Aaron James Deer - Mar 1, 2024 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
Chief Strategy/Innovation Offc
Signature
/s/ Lisa M. White, Attorney-in-fact
Stock symbol
COLB
Transactions as of
Mar 1, 2024
Transactions value $
$249,966
Form type
4
Date filed
3/4/2024, 07:53 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction COLB Common Stock Award $125K +6.99K +18.61% $17.87 44.6K Mar 1, 2024 Direct F1

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 $62.5K +3.5K $17.87 3.5K Mar 1, 2024 Common Stock 3.5K Direct F2
transaction COLB Performance Restricted Stock Unit Award $62.5K +3.5K +100% $17.87 6.99K Mar 1, 2024 Common Stock 3.5K 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.