Sec Form 4 Filing - FARNSWORTH RON L @ UMPQUA HOLDINGS CORP - 2021-03-08

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person FARNSWORTH RON L 2. Issuer Name and Ticker or Trading Symbol UMPQUA HOLDINGS CORP [ UMPQ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP/CFO (Last) (First) (Middle) ONE SW COLUMBIA STREET, SUITE 1200 3. Date of Earliest Transaction (MM/DD/YY) 03/08/2021 (Street) PORTLAND, OR97204 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 03/08/2021 J 18 ( 1 ) A $ 0 ( 2 ) 1,526 I by 401(k) Common Stock 03/08/2021 A 17,965 ( 3 ) A $ 18.09 217,522 D Common Stock 03/08/2021 A 8,982 ( 4 ) A $ 18.09 226,504 D Common Stock 03/08/2021 A 8,982 ( 5 ) A $ 18.09 235,486 D Common Stock 4,179 I by IRA Common Stock 2,274 I by Spouse IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other FARNSWORTH RON L ONE SW COLUMBIA STREET, SUITE 1200 PORTLAND, OR97204 EVP/CFO Signatures /s/ Andrew H. Ognall, Attorney-in-Fact for Ron L. Farnsworth 03/09/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Holdings reported include shares acquired in the 401(k)/Profit Sharing plan through dividend reinvestment, payroll deferrals and/or employer contributions in transactions that were exempt under Rule 16b-3(c). ( 2 )Not required. ( 3 )Restricted stock award granted 3/8/21. Beginning on the first anniversary of the grant date, the award vests 33.33% per year for three years. ( 4 )Performance share award granted 3/8/21. The award vests approximately three years following the grant date based on the issuer's relative return on average tangible common equity for fiscal years 2021-2023 compared to a Compensation Committee approved group of peers. ( 5 )Performance share award granted 3/8/21. The award vests three years following the grant date based on the issuer's relative total shareholder return performance compared to a Compensation Committee approved group of peers.

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).

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