E. Kirsten Garen - May 18, 2023 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
Director
Signature
/s/ Kirsten Garen by Janine Howard, Attorney-in-fact
Stock symbol
TCBK
Transactions as of
May 18, 2023
Transactions value $
$0
Form type
4
Date filed
5/19/2023, 05:06 PM
Previous filing
May 27, 2022
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise +1.87K +60.79% 4.94K May 19, 2023 Direct F1

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 -1.87K -100% $0.00* 0 May 19, 2023 Common Stock 1.87K Direct F1
transaction TCBK Restricted stock unit Options Exercise $0 +2.12K $0.00 2.12K May 18, 2023 Common Stock 2.12K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion upon vesting of RSU into common stock on a one for one basis. RSU was granted on May 19, 2022. Price per share on vesting date (My 19, 2023) is $33.55.
F2 Represents the grant of Restricted Stock Units. 100% of shares vest on 5/18/2024. Cash dividends on RSU are reinvested in shares of common stock of the Issuer at fair market value on date of dividend payment. Per unit value on date of grant was $35.39 (based on the 30-day average closing price of Issuers common stock.