SEC Form 4 · accession 0000939057-16-000804
BANNER CORP · BANR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spencer C Fleischer
Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 3:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000946673
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value per shareF1 | Apr 29, 2016 | A | 697 | $0.00 | A | 697 | D | |
| Common Stock, $0.01 par value per shareF2,F6 | holding | — | — | — | 1,525,794 | I | See Footnote | |
| Common Stock, $0.01 par value per shareF3,F6 | holding | — | — | — | 1,011,119 | I | See Footnote | |
| Common Stock, $0.01 par value per shareF4,F6 | holding | — | — | — | 32,322 | I | See Footnote | |
| Common Stock, $0.01 par value per shareF5,F6 | holding | — | — | — | 29,753 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents award of restricted stock pursuant to 2014 Omnibus Incentive Plan; shares fully vest on April 25, 2017. These shares are subject to forfeiture and to limits on transferability until they vest.
- F2Held directly by Friedman Fleischer & Lowe Capital Partners III, L.P.
- F3Held directly by Friedman Fleischer & Lowe Parallel Fund III, L.P.
- F4Held directly by FFL Individual Partners III, L.P.
- F5Held directly by FFL Executive Partners, L.P.
- F6Spencer C. Fleischer's beneficial ownership is based on the direct beneficial ownership of the shares by Friedman Fleischer & Lowe Capital Partners III, L.P., Friedman Fleischer & Lowe Parallel Fund III, L.P., FFL Individual Partners III, L.P. and FFL Executive Partners III, L.P. Spencer S. Fleischer expressly disclaims beneficial ownership of the shares expect to the extent of his pecuniary interest therein.