Mark J. Grescovich - 31 Mar 2022 Form 4 Insider Report for BANNER CORP (BANR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
01 Apr 2022, 17:10:28 UTC
Prior SEC filing
31 Mar 2022
Next SEC filing
09 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark J. Grescovich

Key filing fact

Mark J. Grescovich filed Form 4 for BANNER CORP (BANR) on 01 Apr 2022.

Key facts

  • This page summarizes Mark J. Grescovich's Form 4 filing for BANNER CORP (BANR).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 01 Apr 2022, 17:10.

Change

  • Previous filing in this sequence was filed on 31 Mar 2022.
  • Current net transaction value: +$1,393,365.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BANR transaction

Common Stock, $0.01 par value per share

Award

Transaction value
$429,142
Shares
+7,332
Change %
+4.3%
Price
$58.53
Shares after
177,332
Date
31 Mar 2022
Ownership
Direct
Footnotes
F1, F2
BANR transaction

Common Stock, $0.01 par value per share

Award

Transaction value
$964,223
Shares
+16,474
Change %
+9.3%
Price
$58.53
Shares after
193,806
Date
31 Mar 2022
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 31, 2022 and ending on the third anniversary thereof. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.

Footnote F2

Closing price on March 31, 2022.

Footnote F3

Represents award pursuant to 2018 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2022 and ends on December 31, 2024. The extent to which the award vests, if at all, depends on the extent to which the performance goals are satisfied. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.

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