BANNER CORP 4
4 · BANNER CORP · Filed Dec 17, 2004
Insider Transaction Report
Form 4
BANNER CORPBANR
FOLZ PAUL E
Executive VP, Banner Bank
Transactions
- Award
Option to Buy Common Stock
2004-12-16$31.71/sh+2,000$63,420→ 21,000 totalExercise: $31.71From: 2005-12-16Exp: 2014-12-16→ Common Stock (2,000 underlying) - Award
Common Stock, $.01 par value per share
2004-12-16$31.71/sh+500$15,855→ 4,082 total
Footnotes (4)
- [F1]Award pursuant to 1996 Management Recognition and Development Plan; shares vest at 20% each year beginning 12/16/05.
- [F2]Market price on December 16, 2004.
- [F3]Includes direct ownership of 1,164 shares through Deferred Compensation Plan and 304 shares through Employee Stock Ownership Plan.
- [F4]Options awarded pursuant to 2001 Stock Option Plan; options are exercisable at rate of 20% each year beginning 12/16/05.