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

Role
CEO & President, Director
Signature
/s/ Richard Smith by Jason Cove, Attorney-In-Fact
Stock symbol
TCBK
Transactions as of
Jul 22, 2021
Transactions value $
$131,632
Form type
4
Date filed
7/26/2021, 05:58 PM
Previous filing
Jun 29, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +5.79K +2.77% 215K Jul 22, 2021 Direct F1
transaction TCBK Common Stock Tax liability $132K +3.32K +1.59% $39.66 212K Jul 22, 2021 Direct F2
transaction TCBK Common Stock Other $0 0 0% $0.00* 36.3K Jul 22, 2021 By ESOP F3
transaction TCBK Common Stock Other $0 0 0% $0.00* 1.2M Jul 22, 2021 By ESOP Trustee F4
transaction TCBK Common Stock Other $0 0 0% $0.00* 241 Jul 22, 2021 By Spouse F5

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 -5.79K -16.66% $0.00 29K Jul 22, 2021 Common Stock 5.79K 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 3,965 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.
F4 The 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.
F5 No transaction occurred among these shares. Intended only to reflect number of shares beneficially owned.