Form 4 for BANR BANNER CORP

Accepted 2023-04-05 00:00:00 ET · period of report 2023-04-03 · accession 0001127602-23-012588 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2023-04-05	2023-04-03	BANR	Rice Jill M	Executive VP, Banner Bank	A - Grant	$53.82	+4,355	17.6K	+33%	+$234.4K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock, $0.01 par value per share	2023-04-03	A	A	1,742	$53.82	15,002	D	—	—	(F1) Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on April 3, 2023 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 April 3, 2023.
2	Common	Common Stock, $0.01 par value per share	2023-04-03	A	A	2,613	$53.82	17,615	D	—	—	(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, 2023 and ends on December 31, 2025. 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. (F2) Closing price on April 3, 2023.