THOMAS C. MCGRAW - 18 May 2023 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
Director
Signature
/s/ Thomas C McGraw by Janine Howard, Attorney-in-fact
Issuer symbol
TCBK
Transactions as of
18 May 2023
Net transactions value
$0
Form type
4
Filing time
19 May 2023, 18:25:38 UTC
Previous filing
27 May 2022
Next filing
21 May 2024
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 +1,866 +0.54% 350,204 19 May 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 -1,866 -100% $0.000000* 0 19 May 2023 Common Stock 1,866 Direct F1
transaction TCBK Restricted stock unit Options Exercise $0 +2,119 $0.000000 2,119 18 May 2023 Common Stock 2,119 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 (May 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.