Margaret Kane - May 27, 2021 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
Director
Signature
/s/ Margaret Kane by Jason Cove, Attorney-In-Fact
Stock symbol
TCBK
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
6/1/2021, 03:09 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +1.55K 1.55K May 28, 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 +1.4K +90.02% $0.00 2.95K May 27, 2021 Common Stock 1.4K Direct F2
transaction TCBK Restricted Stock Unit Options Exercise $0 -1.55K -52.63% $0.00 1.4K May 28, 2021 Common Stock 1.55K 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).