X0306 4 2014-04-18 1 0000891106 STERLING FINANCIAL CORP /WA/ STSA 0001201664 EDWARDS WEBB 111 NORTH WALL STREET SPOKANE WA 99201 1 Common Stock 2014-04-18 4 D 0 6981 D 0 D Non-Qualified Stock Option 21.76 2014-04-18 4 D 0 2626 0 D 2014-04-01 2023-04-29 Common Stock 2626 0 D Common stock of Sterling Financial Corporation ("Sterling") disposed of in connection with the merger of Sterling with and into Umpqua Holdings Corporation ("Umpqua") on April 18, 2014 pursuant to the Agreement and Plan of Merger, dated as of September 11, 2013, between Sterling and Umpqua, each share of Sterling's common stock was exchanged for $2.18 in cash and 1.671 shares of Umpqua common stock. Nonqualified stock options of Sterling disposed of pursuant to the Agreement and Plan of Merger. Each Sterling stock option will be converted into an option to purchase Umpqua common stock per the equity award exchange ratio as referred to in the Agreement and Plan of Merger. /s/ Lara L. Hemingway, attorney-in-fact 2014-04-22