Eid Eric J 4
4 · COLUMBIA BANKING SYSTEM, INC. · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Eid Eric J
EVP, Chief Digital & Tech Off
Transactions
- Award
Common
2023-02-28+1,859→ 27,583 total - Award
Common
2023-02-28+1,200→ 24,524 total - Award
Common
2023-02-28+1,200→ 25,724 total - Award
Common
2023-02-28+1,660→ 29,243 total
Footnotes (1)
- [F1]At the effective time of the merger (the "Effective Time") of Cascade Merger Sub, Inc. ("Merger Sub"), a direct, wholly-owned subsidiary of the Issuer, with and into Umpqua Holdings Corporation ("Umpqua"), pursuant to that certain Agreement and Plan of Merger, dated as of October 11, 2021 (the "Merger Agreement"), by and among the Issuer, Umpqua and Merger Sub, each outstanding performance stock unit award of the Issuer granted under the Issuer's equity compensation plans was converted into a restricted stock unit award of the Issuer based on a level of performance determined in accordance with the Merger Agreement, with such awards continuing to vest after the Effective Time solely based on continued service.