SEC Form 4 · accession 0001077771-16-000445
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
Nov 15, 2016
Accepted (ET)
Nov 15, 2016 · 6:08 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 Stock | Nov 15, 2016 | M | 75,000 | $10.97 | A | 650,490 | D | |
| Common StockF1 | Nov 15, 2016 | F | 45,963 | $17.90 | D | 604,527 | D | |
| Common StockF2 | Nov 15, 2016 | F | 14,794 | $17.90 | D | 589,733 | D | |
| Common StockF3,F4 | Nov 15, 2016 | J | 147 | — | A | 7,306 | I | by 401(k) |
| Common StockF5,F4 | Nov 15, 2016 | J | 153 | — | A | 7,635 | 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)F4,F6 | $10.97 | Nov 15, 2016 | M | 75,000 | D | Jan 31, 2012 | Jan 30, 2021 | Common Stock | 75,000 | 0 | 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 purchase price by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- 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.
- 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.
- F5Holdings reported include shares acquired pursuant to a dividend reinvestment plan for this account in transactions that were exempt under Rule 16b-3(c).
- F6Option granted 1/31/2011. The options vested three years following the grant date to the extent that the issuer's total shareholder return achieved specified targets as compared with the KRXTR regional bank stock index.
- F7Options are fully vested.