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4//SEC Filing

WAGERS GARY W 4

Accession 0001127602-21-012297

CIK 0000946673other

Filed

Mar 29, 8:00 PM ET

Accepted

Mar 30, 12:57 PM ET

Size

9.1 KB

Accession

0001127602-21-012297

Insider Transaction Report

Form 4
Period: 2021-03-26
WAGERS GARY W
Executive VP, Banner Bank
Transactions
  • Tax Payment

    Common Stock, $0.01 par value per share

    2021-03-26$55.25/sh153$8,45328,104 total
  • Award

    Common Stock, $0.01 par value per share

    2021-03-26$55.96/sh+1,098$61,44426,610 total
  • Award

    Common Stock, $0.01 par value per share

    2021-03-26$55.96/sh+1,647$92,16628,257 total
Footnotes (6)
  • [F1]Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 26, 2021 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 26, 2021.
  • [F3]Includes direct ownership of 1,067 shares through Deferred Compensation Plan and 450 shares through 401(k) Plan.
  • [F4]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, 2021 and ends on December 31, 2023. 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.
  • [F5]Shares relinquished to cover tax obligations on vesting of 627 performance shares pursuant to 2018 Omnibus Incentive Plan.
  • [F6]Market price on March 26, 2021.

Issuer

BANNER CORP

CIK 0000946673

Entity typeother

Related Parties

1
  • filerCIK 0001425275

Filing Metadata

Form type
4
Filed
Mar 29, 8:00 PM ET
Accepted
Mar 30, 12:57 PM ET
Size
9.1 KB