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

Role
SVP - General Counsel
Signature
/s/ Gregory Gehlmann 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, 05:43 PM
Previous filing
May 26, 2021
Next filing
Jun 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Other $0 0 0% $0.00* 4.82K May 27, 2021 Direct F1
transaction TCBK Common Stock Other $0 0 0% $0.00* 877 May 27, 2021 By ESOP 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 Award $0 +941 +26.58% $0.00 4.48K May 27, 2021 Common Stock 941 Direct F2
transaction TCBK Performance Stock Unit Award $0 +941 +23.34% $0.00 4.97K May 27, 2021 Common Stock 941 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No transactions occurred among these shares. Intended only to reflect number of shares beneficially owned.
F2 Restricted Stock Unit (RSU) award that vests 25% per year over four-years beginning May 27, 2021. Cash dividends on RSUs are reinvested in additional units at fair market value on the date of a dividend payment on Issuer common stock. Per share value of RSUs on date of grant was $46.52 (based on 30-day average closing price of Issuers common stock on May 21. 2021).
F3 Performance-based restricted stock unit (PSU) grant that cliff vests after 3 years between 0% and 150% of the target number of shares (the number of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.