John S. A. Hasbrook - 27 May 2021 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role: Director
Signature: /s/ John Hasbrook by Jason Cove, Attorney-In-Fact
Issuer symbol: TCBK
Transactions as of: 27 May 2021
Net transactions value: $0
Form type: 4
Filing time: 01 Jun 2021, 15:04:37 UTC
Next filing: 16 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCBK	Common Stock	Options Exercise		+1,553	+3.6%		44,992	28 May 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TCBK	Restricted Stock Unit	Options Exercise	$0	+1,398	+90%	$0.000000	2,951	27 May 2021	Common Stock	1,398		Direct	F2
transaction	TCBK	Restricted Stock Unit	Options Exercise	$0	-1,553	-53%	$0.000000	1,398	28 May 2021	Common Stock	1,553		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the conversion upon vesting of RSUs into common stock on a one-for-one basis. RSU was granted on May 28, 2020. Price per share on vesting date (May 28, 2021): $47.95
F2	Represents the grant of Restricted Stock Units. 100% of the shares vest on 05/27/2022. Cash dividends on RSUs are reinvested in shares of common stock of the Issuer at fair market value on date of dividend payment. Per unit value on date of grant was $46.47 (based on the 30-day average closing price of Issuers common stock).