0000939057-20-000136.txt : 20200331 0000939057-20-000136.hdr.sgml : 20200331 20200331185553 ACCESSION NUMBER: 0000939057-20-000136 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200327 FILED AS OF DATE: 20200331 DATE AS OF CHANGE: 20200331 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WAGERS GARY W CENTRAL INDEX KEY: 0001425275 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26584 FILM NUMBER: 20763295 MAIL ADDRESS: STREET 1: 10 SOUTH 1ST AVENUE CITY: WALLA WALLA STATE: WA ZIP: 99362 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BANNER CORP CENTRAL INDEX KEY: 0000946673 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 911691604 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 10 S FIRST AVENUE CITY: WALLA WALLA STATE: WA ZIP: 99362 BUSINESS PHONE: 5095273636 MAIL ADDRESS: STREET 1: 10 S FIRST AVENUE CITY: WALLA WALLA STATE: WA ZIP: 99362 FORMER COMPANY: FORMER CONFORMED NAME: FIRST WASHINGTON BANCORP INC /WA/ DATE OF NAME CHANGE: 19980727 FORMER COMPANY: FORMER CONFORMED NAME: FIRST SAVINGS BANK OF WASHINGTON BANCORP INC DATE OF NAME CHANGE: 19950614 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-03-27 0 0000946673 BANNER CORP BANR 0001425275 WAGERS GARY W 10 SOUTH 1ST AVENUE WALLA WALLA WA 99362 0 1 0 0 Executive VP, Banner Bank Common Stock, $.01 par value per share 2020-03-27 4 A 0 1881 33.21 A 23728 D Common Stock, $.01 par value per share 2020-03-27 4 A 0 2821 33.21 A 26549 D Common Stock, $.01 par value per share 2020-03-27 4 F 0 83 33.08 D 26466 D Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on March 27, 2020 and ending on the third anniversary thereof. 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 March 27, 2020. Includes direct ownership of 1,033 shares through Deferred Compensation Plan and 452 shares through 401(k) Plan. 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, 2020 and ends on December 31, 2022. 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. Shares relinquished to cover tax obligations on vesting of 353 shares of restricted stock pursuant to 2014 Omnibus Incentive Plan. Market price on March 27, 2020. /s/Gary W. Wagers 2020-03-27