Mark J. Grescovich - 07 Mar 2022 Form 4 Insider Report for BANNER CORP (BANR)

Role
President and CEO
Signature
/s/ Mark J. Grescovich
Issuer symbol
BANR
Transactions as of
07 Mar 2022
Net transactions value
+$255,783
Form type
4
Filing time
09 Mar 2022, 12:33:22 UTC
Next filing
29 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANR Common Stock, $0.01 par value per share Award $337,959 +5,515 +3.3% $61.28 174,985 07 Mar 2022 Direct F1, F2
transaction BANR Common Stock, $0.01 par value per share Tax liability $82,176 -1,341 -0.77% $61.28 173,644 07 Mar 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award for 13,132 performance shares was originally reported on March 29, 2019 at the maximum performance criteria. This supplements that filing to note that the actual number of shares that vested based on the performance results as determined by Banner Corporation's Compensation Committee.
F2 Market price on February 28, 2022 used for administrative purposes.
F3 Shares relinquished to cover tax obligations on vesting of 5,515 performance shares pursuant to 2014 Omnibus Incentive Plan.