James P.G. McLean - Mar 7, 2022 Form 4 Insider Report for BANNER CORP (BANR)

Role
Executive VP, Banner Bank
Signature
/s/ James P.G. McLean
Stock symbol
BANR
Transactions as of
Mar 7, 2022
Transactions value $
$33,704
Form type
4
Date filed
3/9/2022, 12:52 PM
Previous filing
Nov 16, 2021
Next filing
Mar 29, 2022

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 $48.3K +788 +5.08% $61.28 16.3K Mar 7, 2022 Direct F1, F2
transaction BANR Common Stock, $0.01 par value per share Tax liability -$14.6K -238 -1.46% $61.28 16.1K Mar 7, 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 1,876 performance shares was originally reported on March 29, 2019 at the maximum performance criteria. This supplements that filing to note 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 788 shares of restricted stock pursuant to 2014 Omnibus Incentive Plan.