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

Role: Director
Signature: /s/ Michael Koehnen 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, 03:19 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	+1.55%		102K	May 28, 2021	Direct	F1
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	2.3K	May 28, 2021	By Spouse	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	4.4K	May 28, 2021	By Mothers Trust	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	8.6K	May 28, 2021	Koehnen & Sons Profit Sharing	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	97.7K	May 28, 2021	Koehnen & Sons	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	1.2M	May 28, 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	+1.4K	+90.02%	$0.00	2.95K	May 27, 2021	Common Stock	1.4K		Direct	F4
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	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).