4//SEC Filing
Hunter Glenn C 4
Accession 0001620863-19-000054
CIK 0000356171other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 6:47 PM ET
Size
15.3 KB
Accession
0001620863-19-000054
Insider Transaction Report
Form 4
Hunter Glenn C
SVP/Chief Human Resource Offic
Transactions
- Exercise/Conversion
Common Stock
2019-06-25+1,709→ 6,579 total - Award
Performance Stock Units
2019-06-25+826→ 2,482 total→ Common Stock (826 underlying) - Tax Payment
Common Stock
2019-06-25$37.41/sh−395$14,777→ 6,184 total - Other
Common Stock
2019-06-25+0→ 1,340.32 total(indirect: By ESOP) - Exercise/Conversion
Performance Stock Units
2019-06-25−1,709→ 1,656 total→ Common Stock (1,709 underlying) - Award
Restricted Stock Units
2019-06-25+826→ 2,181 total→ Common Stock (826 underlying)
Footnotes (5)
- [F1]Vesting of performance based stock unit (PSU). Each PSU represented the right to receive 0%-150% of the target number of shares based on the Issuers total stockholder return relative to the KBW Regional Banking Index (based on an initial grant of 1,139 PSUs which was reported in the original Form 4 for this grant)
- [F2]Reflects shares withheld to pay taxes
- [F3]No transactions occurred amongst these shares. Intended only to reflect number of shares beneficially owned in reporting persons ESOP account as of December 31, 2018.
- [F4]Represents Restricted Stock Unit (RSU) award that vests 25% per year over four-years, beginning June 25, 2020. Per unit value on date of grant was $38.67 (based on the 30-day average closing price of Issuers common stock). Cash dividends on RSUs are reinvested in shares of common stock of the issuer at fair market value on date of dividend payment.
- [F5]Performance-based restricted stock unit (PSU) grant that cliff vests after three years between 0% and 150% of the target number of shares (the number of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index; subject to the forfeitures, accelerated vesting and other restrictions as set forth in the plan and award agreement.
Documents
Issuer
TRICO BANCSHARES /
CIK 0000356171
Entity typeother
Related Parties
1- filerCIK 0001583053
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 6:47 PM ET
- Size
- 15.3 KB