Richard Smith - Aug 11, 2022 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role: CEO & President, Director
Signature: /s/ Richard Smith by Janine Howard, Attorney-in-Fact
Stock symbol: TCBK
Transactions as of: Aug 11, 2022
Transactions value $: -$1,565,529
Form type: 4
Date filed: 8/12/2022, 12:44 PM
Previous filing: Jul 14, 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	$856K	+44K	+19.04%	$19.46	275K	Aug 11, 2022	Direct
transaction	TCBK	Common Stock	Tax liability	-$1.57M	-32.9K	-11.96%	$47.57	242K	Aug 11, 2022	Direct	F1
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	36.4K	Aug 11, 2022	By ESOP	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	247	Aug 11, 2022	By spouse	F3
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.00^*	1.12M	Aug 11, 2022	ESOP Trustee	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	Option Common Stock	Options Exercise	-$856K	-44K	-100%	$19.46	0	Aug 11, 2022	Common Stock	44K	$19.46	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares withheld for a "net exercise" of outstanding stock options and to pay taxes.
F2	No transactions occurred among these shares. Intended only to reflect number of shares beneficially owned in reporting persons ESOP account as of 12/31/2021.
F3	No transaction occurred among these shares. Intended only to reflect number of shares beneficially owned.
F4	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.