BANNER CORP 4
4 · BANNER CORP · Filed Mar 16, 2016
Insider Transaction Report
Form 4
BANNER CORPBANR
BENNETT DOUGLAS M
Executive VP, Banner Bank
Transactions
- Tax Payment
Common Stock, $.01 par valu per share
2016-03-14$41.89/sh−220$9,216→ 8,291 total - Award
Common Stock, $.01 par value per share
2016-03-14$41.89/sh+852$35,690→ 9,413 total - Tax Payment
Common Stock, $.01 par value per share
2016-03-14$41.89/sh−311$13,028→ 8,832 total - Award
Common Stock, $.01 par value per share
2016-03-14$41.89/sh+603$25,260→ 8,511 total
Footnotes (6)
- [F1]This award for 2,172 performance shares was originally reported on June 5, 2013 at the maximum performance criteria. This supplements that filing to note that the actual number of shares that vested based on the performance results as determined by Banner Corporation's Compensation Committee.
- [F2]Market price on March 14, 2016.
- [F3]Includes direct ownership of 18 shares through Deferred Compensation Plan and 2,233 shares through 401(k) Plan. Also includes indirect ownership of 3 shares through son.
- [F4]Shares relinquished to cover tax obligation on vesting of 603 performance shares.
- [F5]Represents award pursuant to 2014 Omnibus Incentive Plan; shares vest immediately.
- [F6]Shares relinquished to cover tax obligation on vesting of 852 shares.