SEC Form 4 · accession 0001620863-16-000107
TRICO BANCSHARES / · TCBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Richard P Smith
Officer — President & CEO · Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 9:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356171
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 19, 2016 | A | 5,296 | $0.00 | A | 174,772 | D | |
| Common StockF2 | May 19, 2016 | A | 5,296 | $0.00 | A | 180,068 | D | |
| Common Stock | May 23, 2016 | J | 0 | $0.00 | A | 30,792 | I | By ESOP |
| Common Stock | May 23, 2016 | J | 0 | $0.00 | A | 215 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the grant of Restricted Stock Units. The shares vest as follows: 25% on May 18, 2017, 25% on May 18, 2018, 25% on May 18, 2019, and 25% on May 18, 2019.
- F2Represents performance-based restricted stock units (PSUs) that will vest between 0% and 150% of the target number of shares (the number of shares listed in box 4) on May 18, 2019 based on the Issuers total stockholder return relative to the KBW Regional Banking Index. The PSUs were issued to the Reporting Person pursuant to the Issuers 2009 Equity Incentive Plan and Performance Award Agreement and are subject to forfeitures, accelerated vesting and other restrictions as set forth in the plan and the agreement.
- F3No transaction occurred among these shares. Intended only to reflect number of shares beneficially owned.