0001620863-23-000038.txt : 20230613
0001620863-23-000038.hdr.sgml : 20230613
20230613174551
ACCESSION NUMBER: 0001620863-23-000038
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230612
FILED AS OF DATE: 20230613
DATE AS OF CHANGE: 20230613
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH RICHARD P
CENTRAL INDEX KEY: 0001198468
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-10661
FILM NUMBER: 231012364
MAIL ADDRESS:
STREET 1: 63 CONSTITUTION DRIVE
CITY: CHICO
STATE: CA
ZIP: 95973
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TRICO BANCSHARES /
CENTRAL INDEX KEY: 0000356171
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 942792841
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TRICO BANCSHARES
STREET 2: 63 CONSTITUTION DRIVE
CITY: CHICO
STATE: CA
ZIP: 95973
BUSINESS PHONE: 5308980300
MAIL ADDRESS:
STREET 1: TRICO BANCSHARES
STREET 2: 63 CONSTITUTION DRIVE
CITY: CHICO
STATE: CA
ZIP: 95973
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0407
4
2023-06-12
0
0000356171
TRICO BANCSHARES /
TCBK
0001198468
SMITH RICHARD P
63 CONSTITUTION DRIVE
CHICO
CA
95973
1
1
0
0
CEO, President & Chairman
0
Common Stock
2023-06-12
4
M
0
15962
A
263869
D
Common Stock
2023-06-12
4
F
0
9154
37.21
D
254715
D
Common Stock
2023-06-12
4
J
0
0
0
A
38299.26
I
By ESOP
Common Stock
2023-06-12
4
J
0
0
0
A
251.44
I
By spouse
Common Stock
2023-06-12
4
J
0
0
0
A
1163292
I
ESOP Trustee
Performance Stock Unit
2023-06-12
4
M
0
15962
0
D
Common Stock
15962
17821
D
Restricted stock unit
2023-06-12
4
A
0
13271
0
A
Common Stock
13271
32800
D
Performance Stock Unit
2023-06-12
4
A
0
13271
0
A
Common Stock
13271
31092
D
Vesting of performance-based stock unit (PSU). Each PSU represented the right to receive 0%-150% of the target number based on the Issuers total stockholder return relative to the KBW Regional Banking Index (based on an initial grant of 13258 PSUs which was reported in the original Form 4 for this grant). PSUs vested at 120.4%.
Reflects shares withheld to pay tax liability.
No transactions occurred amongst these shares. Intended only to reflect the number of shares beneficially owned.
Represents a grant of Restricted Stock Unit (RSU) award which vests 33.3% per year over 3 years. Cash dividends on RSUs are reinvested in shares of Issuers common stock at fair market value on date of dividend payment. Per unit value on date of grant was $33.74 (based on the 30-day average closing price of Issuers common stock ending 06/12/2023).
Represents a grant of Performance-based restricted stock unit (PSU) award that cliff vests after 3 years between 0% and 150% of the target number of shares (the numbers of shares listed in box 5) based on the Issuers total stockholder return relative to the KBW Regional Banking Index.
/s/ Richard P. Smith by Janine Howard, Attorney-in-Fact
2023-06-13