COLUMBIA BANKING SYSTEM INC 4
4 · COLUMBIA BANKING SYSTEM INC · Filed Nov 4, 2014
Insider Transaction Report
Form 4
Elsaesser Ford
Director
Transactions
- Award
Common Stock
2014-11-01+26→ 33,568 total(indirect: ED Jones - Elsaesser Jarzabek Anderson Marks & Elliott Savings Plan UAD 12/1/3 FBO Deborah Hillen) - Award
Common Stock
2014-11-01+5→ 33,573 total(indirect: ED Jones - Elsaesser Jarzabek Anderson Marks & Elliott Savings Plan UAD 12/1/83 FBO: Darla L Kuhman) - Award
Common Stock
2014-11-01+33,096→ 33,096 total - Award
Common Stock
2014-11-01+389→ 33,485 total(indirect: By Elsaesser, Jarzabek & Buchanan, Pension Fund ITF: Joseph Jarzabek) - Award
Common Stock
2014-11-01+52→ 33,537 total(indirect: Elsaesser Jarzabek Pension Plan ITF: Lois Lapointe) - Award
Common Stock
2014-11-01+5→ 33,542 total(indirect: ED Jones - Elsaesser Jarzabek Anderson Marks & Elliott Savings Plan UAD 2/1/83 FBO: Sherylee Foster)
Footnotes (7)
- [F1]In connection with the merger of Intermountain Community Bancorp ("Intermountain") with and into Columbia Banking System, Inc. ("Columbia") on November 1, 2014 pursuant to the Agreement and Plan of Merger, dated July 23, 2014, as amended, between Intermountain and Columbia (the "Merger"), the reporting person was entitled to receive, subject to proration, 33,096 shares of the Columbia common stock reported above, together with $3,549.56 in cash, in exchange for 45,254 shares of Intermountain common stock.
- [F2]In connection with the Merger, the reporting person was entitled to receive, subject to proration, 389 shares of the Columbia common stock reported above, together with $1,389.56 in cash, in exchange for 606 shares of Intermountain common stock.
- [F3]In connection with the Merger, the reporting person was entitled to receive, subject to proration, 52 shares of the Columbia common stock reported above in exchange for 72 shares of Intermountain common stock.
- [F4]In connection with the Merger, the reporting person was entitled to receive, subject to proration, 5 shares of the Columbia common stock reported above together with $18.34 in cash, in exchange for 8 shares of Intermountain common stock.
- [F5]In connection with the Merger, the reporting person was entitled to receive, subject to proration, 26 shares of the Columbia common stock reported above together with $94.01 in cash, in exchange for 41 shares of Intermountain common stock.
- [F6]In connection with the Merger, the reporting person was entitled to receive, subject to proration, 5 shares of the Columbia common stock reported above together with $20.64 in cash, in exchange for 9 shares of Intermountain common stock.
- [F7]On October 31, 2014, the trading day immediately prior to the November 1, 2014 effective date of the Merger, the closing price of Intermountain's common stock was $20.00 per share and the closing price of Columbia's common stock was $27.78 per share.