SEC Form 4 · accession 0001077771-15-000014
UMPQUA HOLDINGS CORP · UMPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond P Davis
Officer — President & CEO · Director
Period of report
Jan 3, 2015
Accepted (ET)
Jan 29, 2015 · 1:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001077771
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 27, 2015 | D | 1,821 | $0.00 | D | 525,509 | D | |
| Common StockF1 | Jan 27, 2015 | D | 3,641 | $0.00 | D | 521,868 | D | |
| Common StockF2 | Jan 27, 2015 | F | 6,608 | $15.95 | D | 515,260 | D | |
| Common StockF2 | Jan 27, 2015 | F | 13,262 | $15.95 | D | 501,998 | D | |
| Common StockF3,F4 | Jan 27, 2015 | J | 128 | — | A | 6,831 | I | by 401(k) |
| Common StockF3,F5 | Jan 27, 2015 | J | 133 | — | A | 7,142 | I | by SRP Plan |
| Common Stock | holding | — | — | — | 2,955 | I | by IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F6 | $24.71 | Jan 3, 2015 | J | 75,000 | D | Jan 3, 2006 | Jan 3, 2015 | Common Stock | 75,000 | 0 | D |
| Non-Qualified Stock Option (right to buy)F7 | $10.97 | holding | — | — | — | Jan 31, 2014 | Jan 30, 2021 | Common Stock | 75,000 | 75,000 | D |
| Non-Qualified Stock Option (right to buy)F8 | $12.87 | holding | — | — | — | Aug 2, 2011 | Aug 1, 2020 | Common Stock | 15,000 | 15,000 | D |
| Non-Qualified Stock Option (right to buy)F7 | $26.12 | holding | — | — | — | Dec 31, 2007 | Mar 5, 2017 | Common Stock | 50,000 | 50,000 | D |
| Non-Qualified Stock Option (right to buy)F7 | $28.425 | holding | — | — | — | Jan 18, 2007 | Jan 17, 2016 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The portion of a performance-based Restricted Stock Award forfeited due to the performance criteria not being met at 100%.
- F2Payment of tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- F3Not required.
- F4Holdings reported include shares acquired in the 401(k)/Profit Sharing plan through dividend reinvestment, payroll deferrals and/or employer contributions in transactions that were exempt under Rule 16b-3(c).
- F5Holdings reported include shares acquired pursuant to a dividend reinvestment plan for this account in transactions that were exempt under Rule 16b-3(c).
- F6All shares expired and the executive received no value in connection with the expiration.
- F7All options are fully vested.
- F8Option granted 8/2/2010. Beginning on the first anniversary of the grant date, the options vest at 30% per year for the first two years and 20% for the third and fourth years.