X0306 4 2017-01-27 0 0001077771 UMPQUA HOLDINGS CORP UMPQ 0001235865 DAVIS RAYMOND P ONE SW COLUMBIA STREET, SUITE 1200 PORTLAND OR 97258 1 1 0 0 Executive Chairman Common Stock 2017-01-27 4 D 0 23444 D 561637 D Common Stock 2017-01-27 4 D 0 7834 18.21 D 553803 D Common Stock 2017-01-27 4 J 0 61 A 7367 I by 401(k) Common Stock 2017-01-27 4 J 0 63 A 7698 I by SRP Plan Common Stock 2955 I by IRA Non-Qualified Stock Option (right to buy) 12.87 2011-08-02 2020-08-01 Common Stock 15000 15000 D Non-Qualified Stock Option (right to buy) 26.12 2007-12-31 2017-03-05 Common Stock 50000 50000 D The portion of a performance-based Restricted Stock Award forfeited (in accordance with Rule 16b-3(e)) due to the performance criteria not being met at 100%. Not required. Payment of tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. Holdings reported include shares acquired in the 401(k)/Profit Sharing plan through dividend reinvestment, payroll deferrals and/or employer contributions in transactions that were exempt under Rule 16b-3(c). Holdings reported include shares acquired pursuant to a dividend reinvestment plan for this account in transactions that were exempt under Rule 16b-3(c). Options are fully vested. By: Andrew H. Ognall, Attorney-in-Fact For: Raymond P. Davis 2017-01-31