April 1, 2024 · Form 4 insider transaction
Reed James T Jr bought 2,655 shares of Banner Corporation at $46.97 per share, a transaction worth $124.7K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents award pursuant to 2018 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2024 and ends on December 31, 2026. The extent to which the award vests, if at all, depends on the extent to which the performance goals are satisfied. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.; Closing price on April 1, 2024.; Includes direct ownership of 825 shares through IRA.