Andrew H. Ognall - 25 Feb 2025 Form 4 Insider Report for COLUMBIA BANKING SYSTEM, INC. (COLB)

Role
IMO General Counsel
Signature
/s/ Lisa M. White, Attorney-in-fact
Issuer symbol
COLB
Transactions as of
25 Feb 2025
Net transactions value
+$879,928
Form type
4
Filing time
26 Feb 2025, 16:38:14 UTC
Previous filing
18 Feb 2025
Next filing
04 Mar 2025
SEC
View on sec.gov

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 Restricted Stock Unit Award $499,974 +18,796 $26.60 18,796 25 Feb 2025 Common Stock 18,796 Direct F1
transaction COLB Restricted Stock Unit Award $189,977 +7,142 +38% $26.60 25,938 25 Feb 2025 Common Stock 7,142 Direct F2
transaction COLB Performance Restricted Stock Unit Award $94,989 +3,571 +36% $26.60 13,363 25 Feb 2025 Common Stock 3,571 Direct F3
transaction COLB Performance Restricted Stock Unit Award $94,989 +3,571 +27% $26.60 16,934 25 Feb 2025 Common Stock 3,571 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 02/25/2025. The grant will vest 100% on or about March 15th, 2028.
F2 Restricted stock units granted 02/25/2025. The grant will vest 33.33% per year over three years.
F3 Performance restricted stock units granted 02/25/2025. The grant will vest approximately three years following the grant date based on the issuer's relative total shareholder return performance for fiscal years 2025-2027 compared to a Compensation Committee approved group of peers.
F4 Performance restricted stock units granted 02/25/2025. 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 2025-2027 compared to a Compensation Committee approved group of peers.