Gregory Gehlmann - Jul 13, 2022 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role: SVP General Counsel
Signature: /s/ Gregory Gehlmann by Janine Howard, Attorney-in-Fact
Stock symbol: TCBK
Transactions as of: Jul 13, 2022
Transactions value $: -$29,640
Form type: 4
Date filed: 7/14/2022, 06:54 PM
Previous filing: Jun 29, 2022
Next filing: Oct 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCBK	Common Stock	Options Exercise		+1.14K	+15.69%		8.38K	Jul 13, 2022	Direct	F1
transaction	TCBK	Common Stock	Tax liability	-$29.6K	-651	-7.77%	$45.53	7.72K	Jul 13, 2022	Direct	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	958	Jul 13, 2022	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	-21.84%	$0.00	4.07K	Jul 13, 2022	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 based on the Issuers total stockholder return relative to the KBW Regional Banking Index (based on an initial grant of 931 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 122%.
F2	Shares withheld to pay taxes
F3	No transaction occurred among these shares. Intended only to reflect number of shares beneficially owned in reporting persons ESOP account as of 12/31/2021.