Craig Carney - Jul 22, 2021 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
EVP - Chief Credit Officer
Signature
/s/ Craig Carney by Jason Cove, Attorney-In-Fact
Stock symbol
TCBK
Transactions as of
Jul 22, 2021
Transactions value $
-$39,620
Form type
4
Date filed
7/26/2021, 05:35 PM
Previous filing
Jun 29, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +1.74K +7.08% 26.4K Jul 22, 2021 Direct F1
transaction TCBK Common Stock Tax liability -$39.6K -999 -3.79% $39.66 25.4K Jul 22, 2021 Direct F2
transaction TCBK Common Stock Other $0 0 0% $0.00* 145 Jul 22, 2021 By Daughter F3
transaction TCBK Common Stock Other $0 0 0% $0.00* 17K Jul 22, 2021 By ESOP F4

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 Performance Stock Unit Options Exercise $0 -1.74K -17.55% $0.00 8.19K Jul 22, 2021 Common Stock 1.74K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of performance-based stock unit (PSU). Each PSU represented the right to receive 0%-150% of the target number of shares based on the Issuers total stockholder return relative to the KBW Regional Banking Index (based on an initial grant of 1,194 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 146%.
F2 Reflects shares withheld to pay for taxes.
F3 No transactions occurred among these shares. Intended only to reflect shares beneficially owned.
F4 No transactions occurred among these shares. Intended only to reflect shares beneficially owned in the reporting persons ESOP account as of December 31, 2020.