RICHARD P. SMITH - 13 Jul 2022 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
CEO & President, Director
Signature
/s/ Richard Smith by Janine Howard, Attorney-in-Fact
Issuer symbol
TCBK
Transactions as of
13 Jul 2022
Net transactions value
-$231,657
Form type
4
Filing time
14 Jul 2022, 19:06:20 UTC
Previous filing
29 Jun 2022
Next filing
12 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +8,873 +3.9% 236,175 13 Jul 2022 Direct F1
transaction TCBK Common Stock Tax liability $231,657 -5,088 -2.2% $45.53 231,087 13 Jul 2022 Direct F2
transaction TCBK Common Stock Other $0 0 0% $0.000000* 36,365 13 Jul 2022 By ESOP F3
transaction TCBK Common Stock Other $0 0 0% $0.000000* 247 13 Jul 2022 By spouse F4
transaction TCBK Common Stock Other $0 0 0% $0.000000* 1,061,313 13 Jul 2022 ESOP Trustee 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 -8,873 -29% $0.000000 21,682 13 Jul 2022 Common Stock 8,873 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 7,273 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 122%.
F2 Reflects 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
F4 No transaction occurred among these shares. Intended only to reflect number of shares beneficially owned
F5 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