FARNSWORTH RON L 4
4 · COLUMBIA BANKING SYSTEM, INC. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
FARNSWORTH RON L
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2024-03-01$17.87/sh+19,026$339,995→ 19,026 total→ Common Stock (19,026 underlying) - Award
Performance Restricted Stock Unit
2024-03-01$17.87/sh+14,269$254,987→ 14,269 total→ Common Stock (14,269 underlying) - Award
Performance Restricted Stock Unit
2024-03-01$17.87/sh+14,269$254,987→ 28,538 total→ Common Stock (14,269 underlying)
Footnotes (4)
- [F1]The restricted stock units and performance restricted stock units will be settled in cash; provided that the grants may be settled in shares following shareholder approval of an applicable equity incentive plan.
- [F2]Restricted stock units granted 03/01/2024. Beginning on the first anniversary of the grant date, the grant will vest 33.33% per year for three years.
- [F3]Performance restricted stock units granted 03/01/2024. The grant will vest approximately three years following the grant date based on the issuer's relative total shareholder return performance for fiscal years 2024-2026 compared to a Compensation Committee approved group of peers.
- [F4]Performance restricted stock units granted 03/01/2024. The grant will vest approximately three years following the grant date based on the issuer's relative return on tangible common equity for fiscal years 2024-2026 compared to a Compensation Committee approved group of peers.