4//SEC Filing
JOHNSON KENNETH WILLIAM 4
Accession 0000939057-20-000126
CIK 0000946673other
Filed
Mar 30, 8:00 PM ET
Accepted
Mar 31, 3:02 PM ET
Size
9.4 KB
Accession
0000939057-20-000126
Insider Transaction Report
Form 4
BANNER CORPBANR
JOHNSON KENNETH WILLIAM
Executive VP, Banner Bank
Transactions
- Award
Common Stock, $.01 par value per share
2020-03-27$33.21/sh+1,626$53,999→ 18,739 total - Award
Common Stock, $.01 par value per share
2020-03-27$33.21/sh+2,439$80,999→ 21,178 total - Tax Payment
Common Stock, $.01 par value per share
2020-03-27$33.08/sh−72$2,382→ 21,106 total
Footnotes (5)
- [F1]Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 27, 2020 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]Closing price on March 27, 2020.
- [F3]Represents award pursuant to 2018 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2020 and ends on December 31, 2022. 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.
- [F4]Shares relinquished to cover tax obligations on vesting of 305 shares of restricted stock pursuant to 2014 Omnibus Incentive Plan.
- [F5]Market price on March 27, 2020.
Documents
Issuer
BANNER CORP
CIK 0000946673
Entity typeother
Related Parties
1- filerCIK 0001349029
Filing Metadata
- Form type
- 4
- Filed
- Mar 30, 8:00 PM ET
- Accepted
- Mar 31, 3:02 PM ET
- Size
- 9.4 KB