TRICO BANCSHARES / 4
4 · TRICO BANCSHARES / · Filed Nov 13, 2014
Insider Transaction Report
Form 4
CUSHMAN M J
EVP, Strategic Initiatives
Transactions
- Award
Performance Share Units
2014-11-10+1,617→ 1,617 totalExercise: $0.00→ Common Stock (1,617 underlying) - Award
Restricted Stock Units
2014-11-10+1,617→ 1,617 total
Footnotes (2)
- [F1]Represents the grant of Restricted Stock Units. The units vest in four (4) equal annual installments on each of the first four anniversaries of the Transaction Date.
- [F2]Represents performance-based restricted stock units (PSUs) that will vest between 0% and 150% of the target number of shares (the number of shares indicated in Box 5). PSUs will vest within 45 days following the completion of the Performance Period, August 10, 2017, based on the Issuer's total stockholder return relative to the KBW Regional Banking Index. The PSUs were issued to the Reporting Person pursuant to the Issuer's 2009 Equity Incentive Plan and a Performance Award Agreement. PSUs are subject to forfeiture, accelerated vesting and other restrictions as set forth in the plan and the agreement.