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4//SEC Filing

LARSEN MICHAEL K 4

Accession 0000939057-04-000484

CIK 0000946673other

Filed

Dec 27, 7:00 PM ET

Accepted

Dec 28, 1:30 PM ET

Size

9.6 KB

Accession

0000939057-04-000484

Insider Transaction Report

Form 4
Period: 2004-12-27
LARSEN MICHAEL K
President, Mortgage Division
Transactions
  • Exercise/Conversion

    Option to buy Common Stock

    2004-12-27$31.48/sh59,779$1,881,84333,017 total
    Exercise: $12.29From: 1997-07-26Exp: 2006-07-26Common stock (59,779 underlying)
  • Tax Payment

    Common stock, $.01 par value per share

    2004-12-27$31.48/sh23,872$751,49179,402 total
  • Exercise/Conversion

    Common stock, $.01 par value per share

    2004-12-27$12.29/sh+35,907$441,419115,309 total
Footnotes (4)
  • [F1]Market price on December 27, 2004.
  • [F2]Includes direct ownership of 3,228 shares through IRA, 1,525 shares through Deferred Compensation Plan and 10,984 shares through Employee Stock Ownership Plan. Also includes indirect ownership of 2,752 shares through spouse's IRA.
  • [F3]Includes direct ownership of 37,432 shares through Deferred Compensation Plan as a result of surrender of 35,907 options into the Plan.
  • [F4]Options vest at rate of 20% per year from date of grant on 7/26/96.

Issuer

BANNER CORP

CIK 0000946673

Entity typeother

Related Parties

1
  • filerCIK 0001187859

Filing Metadata

Form type
4
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 1:30 PM ET
Size
9.6 KB