M. Kirk Quillin - 06 Mar 2025 Form 4 Insider Report for BANNER CORP (BANR)

Signature
/s/ M. Kirk Quillin
Issuer symbol
BANR
Transactions as of
06 Mar 2025
Net transactions value
+$105,802
Form type
4
Filing time
10 Mar 2025, 14:48:45 UTC
Previous filing
04 Apr 2024
Next filing
01 Apr 2025

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 $147,522 +2,309 +7.3% $63.89 33,967 06 Mar 2025 Direct F1, F2, F3
transaction BANR Common Stock, $0.01 par value per share Tax liability $41,720 -653 -1.9% $63.89 33,314 06 Mar 2025 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 2,406 performance shares was originally reported on March 31, 2022 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 March 6, 2025.
F3 Includes direct ownership of 2,000 shares through a 401(k) rollover account and 444 shares through 401(k) Plan.
F4 Shares relinquished to cover tax obligations on vesting of 2,309 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan.