Daniel Bailey - Apr 9, 2024 Form 4 Insider Report for TRICO BANCSHARES / (TCBK)

Role
EVP Chief Banking Officer
Signature
/s/ Daniel Bailey by Janine Howard, Attorney-in-Fact
Stock symbol
TCBK
Transactions as of
Apr 9, 2024
Transactions value $
-$59,185
Form type
4
Date filed
4/11/2024, 04:24 PM
Previous filing
Mar 4, 2024
Next filing
May 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBK Common Stock Options Exercise $0 +2.94K +5.72% $0.00 54.3K Apr 9, 2024 Direct F1
transaction TCBK Common Stock Tax liability -$59.2K -1.72K -3.16% $34.49 52.5K Apr 9, 2024 Direct F2
transaction TCBK Common Stock Other $0 0 0% $0.00* 10K Apr 9, 2024 By ESOP F3

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 -2.8K -19.3% $0.00 11.7K Apr 9, 2024 Common Stock 2.8K 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 2795 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 105.08%.
F2 Reflects shares withheld to pay tax liability.
F3 No transactions occurred amongst these shares. Intended only to reflect the number of shares beneficially owned.