SEC Form 4 · accession 0001620863-17-000068
TRICO BANCSHARES / · TCBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Fleshood
Officer — EVP Chief Operating Officer
Period of report
May 23, 2017
Accepted (ET)
Jun 5, 2017 · 7:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356171
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Dec 14, 2016 | A | 9,822 | A | — | Dec 14, 2020 | Common Stock | 9,822 | 9,822 | D |
| Restricted Stock UnitsF3 | — | May 23, 2017 | A | 2,272 | A | — | May 24, 2021 | Common Stock | 2,272 | 12,094 | D |
| Performance Stock UnitsF4 | — | May 23, 2017 | A | 2,272 | A | — | May 25, 2020 | Common Stock | 2,272 | 2,272 | D |
Explanation of responses
- F1Represents the grant of Restricted Stock Units. The shares vest as follows: 25% on 12/14/2017, 25% on 12/14/2018, 25% on 12/14/2019 and 25% on 12/14/2020
- F2This transaction is listed to move the RSUs from Table I to Table II from form 4 filing on 12/15/2016
- F3Represents the grant of Restricted Stock Units. The shares vest as follows: 25% on May 23rd 2018, 25% on May 23rd 2019, 25% on May 25th 2020, and 25% May 24th 2021
- F4Represents 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) based on May 25th, 2020 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 the forfeitures, accelerated vesting and other restrictions as set forth in the plan and the agreement.