JOHNSON KENNETH WILLIAM 4
4 · BANNER CORP · Filed Apr 2, 2019
Insider Transaction Report
Form 4
BANNER CORPBANR
JOHNSON KENNETH WILLIAM
Executive VP, Banner Bank
Transactions
- Award
Common Stock, $.01 par value per share
2019-03-29$54.37/sh+916$49,803→ 15,739 total - Award
Common Stock, $.01 par value per share
2019-03-29$54.37/sh+1,374$74,704→ 17,113 total
Footnotes (3)
- [F1]Represents award pursuant to 2014 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 29, 2019 and ending on the third anniversary thereof. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.
- [F2]Market price on March 29, 2019.
- [F3]Represents award pursuant to 2014 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2019 and ends on December 31, 2021. The extent to which the award vests, if at all, depends on the extent to which the performance goals are satisfied. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.