JOHNSON KENNETH WILLIAM 4
4 · BANNER CORP · Filed Apr 1, 2022
Insider Transaction Report
Form 4
BANNER CORPBANR
JOHNSON KENNETH WILLIAM
Executive VP, Banner Bank
Transactions
- Award
Common Stock, $0.01 par value per share
2022-03-31$58.53/sh+884$51,741→ 20,588 total - Award
Common Stock, $0.01 par value per share
2022-03-31$58.53/sh+1,326$77,611→ 21,914 total
Footnotes (3)
- [F1]Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 31, 2022 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 31, 2022.
- [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, 2022 and ends on December 31, 2024. 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.