SEC Form 4 · accession 0001077771-16-000257
UMPQUA HOLDINGS CORP · UMPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Gregory Seibly
Officer — Consumer Bank President
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 8:41 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 | Feb 1, 2016 | A | 12,000 | $0.00 | A | 206,416 | D | |
| Common StockF2 | Feb 1, 2016 | A | 28,000 | $0.00 | A | 234,416 | D | |
| Common StockF3,F4 | Feb 1, 2016 | J | 134 | — | A | 4,748 | I | by 401(k) |
| Common Stock | holding | — | — | — | 40,737 | I | by Trust |
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)F5 | $12.16 | holding | — | — | — | Apr 29, 2014 | Apr 28, 2023 | Common Stock | 35,258 | 35,258 | D |
Explanation of responses
- F1RSA granted 2/01/16. Beginning on the first anniversary of the grant date, the grant shares vest 33 1/3% per year for three years.
- 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.
- F3Holdings 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).
- F4Not required.
- F5Option granted 4/29/2013. Beginning on the first anniversary of the grant date, the option vest 25% per year over four years.