SEC Form 4 · accession 0000939057-19-000074
BANNER CORP · BANR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth A Larsen
Officer — Executive VP, Banner Bank
Period of report
Feb 25, 2019
Accepted (ET)
Feb 25, 2019 · 1:55 pm EST
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, $.01 par value per shareF1,F2,F3 | Feb 25, 2019 | A | 562 | $61.288 | A | 7,507 | D | |
| Common Stock, $.01 par value per shareF4,F2,F3 | Feb 25, 2019 | F | 169 | $61.288 | D | 7,338 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This award for 1,685 performance shares was originally reported on April 5, 2016 at the maximum performance criteria. This supplements that filing to note the actual number of shares that vested based on the performance results as determined by Banner Corporation's Compensation Committee.
- F2Market price on February 19, 2019 used for administrative purposes.
- F3Includes direct ownership of 2,034 shares through Deferred Compensation Plan.
- F4Shares relinquished to cover tax obligations on vesting of 562 performance shares pursuant to 2014 Omnibus Incentive Plan.