Mark J. Grescovich - 03 Apr 2023 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
05 Apr 2023, 15:33:23 UTC
Prior SEC filing
03 Apr 2023
Next SEC filing
04 Mar 2024
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 05 Apr 2023.

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: 05 Apr 2023, 15:33.

Change

  • Previous filing in this sequence was filed on 03 Apr 2023.
  • Current net transaction value: +$1,457,822.

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
$448,536
Shares
+8,334
Change %
+4.6%
Price
$53.82
Shares after
188,313
Date
03 Apr 2023
Ownership
Direct
Footnotes
F1, F2
BANR transaction

Common Stock, $0.01 par value per share

Award

Transaction value
$1,009,286
Shares
+18,753
Change %
+10%
Price
$53.82
Shares after
207,066
Date
03 Apr 2023
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 April 3, 2023 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 April 3, 2023.

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, 2023 and ends on December 31, 2025. 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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