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BANNER CORP Director's Dealing 2010

Nov 17, 2010

31582_dirs_2010-11-17_dc3fa45c-cb1a-4608-af75-cb10d3da4424.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BANNER CORP (BANR)
CIK: 0000946673
Period of Report: 2010-11-16

Reporting Person: PURCELL CYNTHIA D (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-16 Common Stock, $.01 par value per share A 0.14 $1.7839 Acquired 11511 Direct

Footnotes

F1: Phantom Stock Units acquired pursuant to deferred compensation agreement; settled in stock at termination of service.

F2: Includes direct ownership of 23 shares through Deferred Compensation Plan and 7,394 shares through Employee Stock Ownership Plan.