SEC Form 4 · accession 0001077771-16-000251
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 17, 2016
Accepted (ET)
Feb 2, 2016 · 8:38 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 31, 2016 | F | 12,920 | $14.48 | D | 514,378 | D | |
| Common StockF2 | Feb 1, 2016 | A | 100,000 | $0.00 | A | 614,378 | D | |
| Common StockF3,F4 | Jan 31, 2016 | J | 79 | — | A | 7,091 | I | by 401(k) |
| Common StockF3,F5 | Jan 31, 2016 | J | 81 | — | A | 7,410 | 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 | $28.425 | Jan 17, 2016 | J | 25,000 | D | Jan 18, 2007 | Jan 17, 2016 | Common Stock | 25,000 | 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)F7 | $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 |
Explanation of responses
- F1Payment 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.
- F2PSA granted 2/01/16. The grant shares vest three years following the grant date to the extent that the issuer's total shareholder return achieves specified targets as compared with the KRXTR regional bank stock index and ROATCE performance.
- 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.
- F7Options are fully vested.