RICHARD P. SMITH - 24 Feb 2023 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: 24 Feb 2023
Net transactions value: -$220,365
Form type: 4
Filing time: 28 Feb 2023, 11:21:04 UTC
Previous filing: 25 Oct 2022
Next filing: 31 May 2023
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		+7,655	+3.2%		249,832	24 Feb 2023	Direct	F1
transaction	TCBK	Common Stock	Tax liability	$220,365	-4,395	-1.8%	$50.14	245,437	24 Feb 2023	Direct	F2
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.000000^*	36,365	24 Feb 2023	By ESOP	F3
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.000000^*	250	24 Feb 2023	By spouse	F4
transaction	TCBK	Common Stock	Other	$0	0	0%	$0.000000^*	1,117,086	24 Feb 2023	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	Restricted stock unit	Options Exercise	$0	-7,655	-23%	$0.000000	25,142	24 Feb 2023	Common Stock	7,655		Direct	F1

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

Explanation of Responses:

Id	Content
F1	100% vesting of Restricted Stock Unit award, including accumulated dividends, granted 2/24/2022 based on closing price of $50.14 on 2/24/2023.
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 transactions 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.