SEC Form 4 · accession 0001077771-17-000032
UMPQUA HOLDINGS CORP · UMPQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary F Neal
Officer — EVP/Enterprise Risk
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 7:38 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, 2017 | A | 10,800 | $0.00 | A | 78,881 | D | |
| Common StockF2 | Jan 31, 2017 | A | 7,200 | $0.00 | A | 86,081 | D | |
| Common StockF3 | Feb 1, 2017 | D | 851 | $18.16 | D | 85,230 | D |
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 | $11.89 | holding | — | — | — | Feb 5, 2011 | Feb 5, 2020 | Common Stock | 4,000 | 4,000 | D |
| Non-Qualified Stock Option (right to buy)F4 | $15.50 | holding | — | — | — | Jan 28, 2009 | Jan 27, 2018 | Common Stock | 1,007 | 1,007 | D |
Explanation of responses
- F1PSA granted 1/31/17. The grant vests three years following the grant date based on the issuer's total shareholder return performance compared to a regional bank stock index and the issuer's return on tangible common equity compared to a group of peers.
- F2RSA granted 1/31/17. Beginning on the first anniversary of the grant date, the grant shares vest 33 1/3% per year for three years.
- F3Payment 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.
- F4Options are fully vested.