FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Chrysler III Louis Gage
2. Issuer Name and Ticker or Trading Symbol

TRICO BANCSHARES / [ TCBK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

63 CONSTITUTION DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

10/16/2019
(Street)

CHICO, CA 95973
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  10/16/2019    M(1)    4000  A $17.54  29800.27  D   
Common Stock  10/16/2019    F(1)    1957  D $35.84  27843.27  D   
Common Stock  10/16/2019    M(1)    4000  A $14.54  31843.27  D   
Common Stock  10/16/2019    F(1)    1622  D $35.84  30221.27  D   
Common Stock  10/16/2019    M(1)    4000  A $15.34  34221.27  D   
Common Stock  10/16/2019    F(1)    1712  D $35.84  32509.27  D   
Common Stock  10/16/2019    M(1)    4000  A $19.46  36509.27  D   
Common Stock  10/16/2019    F(1)    2171  D $35.84  34338.27  D   
Common Stock  10/16/2019    J(2)    0  A $0  872.26  I  By Spouse 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option Common Stock  $17.54  10/16/2019    M        4000   5/25/2011  5/25/2020  Common Stock  4000  $17.54  12000  D   
Option Common Stock  $14.54  10/16/2019    M        4000   12/20/2012  12/20/2021  Common Stock  4000  $14.54  8000  D   
Option Common Stock  $15.34  10/16/2019    M        4000   5/22/2013  5/22/2022  Common Stock  4000  $15.34  4000  D   
Option Common Stock  $19.46  10/16/2019    M        4000   5/9/2014  5/9/2023  Common Stock  4000  $19.46  0  D   

Explanation of Responses:
(1)  This form is being filed to report the exercise of a stock option for a total of 16,000 shares by means of a cashless exercise. As a result of this cashless exercise, the Reporting Person, on a net basis, acquired ownership of an additional 8,538 shares of common stock.
(2)  No transactions occurred among these shares. Intended only to reflect number of shares beneficially owned.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Chrysler III Louis Gage
63 CONSTITUTION DRIVE
CHICO, CA 95973
X



Signatures
/s/ L. Gage Chrysler III By Jason Cove, Attorney-In-Fact 10/18/2019
**Signature of Reporting Person Date


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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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