Gregory Gehlmann - Jul 22, 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: Jul 22, 2021
Transactions value $: -$25,858
Form type: 4
Date filed: 7/26/2021, 05:45 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		+1.14K	+19.34%		7.02K	Jul 22, 2021	Direct	F1
transaction	TCBK	Common Stock	Tax liability	-$25.9K	-652	-9.28%	$39.66	6.37K	Jul 22, 2021	Direct	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	877	Jul 22, 2021	By ESOP	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	Performance Stock Unit	Options Exercise	$0	-1.14K	-21.35%	$0.00	4.19K	Jul 22, 2021	Common Stock	1.14K		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 780 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 in the reporting persons ESOP account as of December 31, 2020.