X0306 4 2016-02-01 0 0001077771 UMPQUA HOLDINGS CORP UMPQ 0001646421 Shotwell David F ONE SW COLUMBIA STREET, SUITE 1200 PORTLAND OR 97258 0 1 0 0 EVP/Chief Credit Officer Common Stock 2016-02-01 4 A 0 8000.0 0.0 A 22615 D Common Stock 2016-02-01 4 A 0 12000.0 0.0 A 34615 D Common Stock 191 I by 401(k) Common Stock 2000 I by IRA RSA granted 2/01/16. Beginning on the first anniversary of the grant date, the grant shares vest 33 1/3% per year for three years. PSA granted 2/01/16. The grant shares vest three years following the grant date to the extent that the issuer's total shareholder return achieves specified targets as compared with the KRXTR regional bank stock index and ROATCE performance. By: Andrew H. Ognall, Attorney-in-Fact For: David F. Shotwell 2016-02-02