Cynthia D. Purcell - Mar 7, 2022 Form 4 Insider Report for BANNER CORP (BANR)

Role
Executive VP, Banner Bank
Signature
/s/ Cynthia D. Purcell
Stock symbol
BANR
Transactions as of
Mar 7, 2022
Transactions value $
$54,784
Form type
4
Date filed
3/9/2022, 12:58 PM
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 $95.3K +1.56K +5.81% $61.28 28.3K Mar 7, 2022 Direct F1, F2, F3
transaction BANR Common Stock, $0.01 par value per share Tax liability -$40.5K -661 -2.34% $61.28 27.6K Mar 7, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award for 3,703 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 Includes direct ownership of 4 shares through Deferred Compensation Plan 1,099 shares through 401(k) Plan.
F4 Shares relinquished to cover tax obligations on vesting of 1,555 shares of restricted stock pursuant to 2014 Omnibus Incentive Plan.