Michael W. Koehnen - 27 May 2021 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
Director
Signature
/s/ Michael Koehnen 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, 15:19:40 UTC
Next filing
23 May 2022
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 +1.5% 101,814 28 May 2021 Direct F1
transaction TCBK Common Stock Other $0 0 0% $0.000000* 2,300 28 May 2021 By Spouse F2
transaction TCBK Common Stock Other $0 0 0% $0.000000* 4,400 28 May 2021 By Mothers Trust F2
transaction TCBK Common Stock Other $0 0 0% $0.000000* 8,600 28 May 2021 Koehnen & Sons Profit Sharing F2
transaction TCBK Common Stock Other $0 0 0% $0.000000* 97,715 28 May 2021 Koehnen & Sons F2
transaction TCBK Common Stock Other $0 0 0% $0.000000* 1,199,798 28 May 2021 By ESOP Trustee F3

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 F4
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 No transactions occurred among these shares. Intended only to reflect shares beneficially owned.
F3 Reporting person is a trustee of the Issuers Employee Stock Ownership Plan. The reporting person has no security interest in, and disclaims beneficial ownership of the securities.
F4 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).