GRESCOVICH MARK J 4
4 · BANNER CORP · Filed Apr 2, 2025
Insider Transaction Report
Form 4
BANNER CORPBANR
GRESCOVICH MARK J
President and CEO
Transactions
- Award
Common Stock, $0.01 par value per share
2025-04-01$63.50/sh+18,618$1,182,243→ 252,453 total - Tax Payment
Common Stock, $0.01 par value per share
2025-04-01$63.62/sh−1,333$84,805→ 225,561 total - Award
Common Stock, $0.01 par value per share
2025-04-01$63.50/sh+8,274$525,399→ 233,835 total
Footnotes (4)
- [F1]Shares relinquished to cover tax obligation on vesting of 3,387 shares of restricted stock pursuant to 2018 Omnibus Incentive Plan.
- [F2]Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on April 1, 2025 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.
- [F3]Closing price on April 1, 2025.
- [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, 2025 and ends on December 31, 2027. 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.