8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


FORM 8-K

CURRENT REPORT


Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934


Date of Report: September 24, 2015
(Date of earliest event reported)


Umpqua Holdings Corporation
(Exact Name of Registrant as Specified in Its Charter)


OREGON
(State or Other Jurisdiction of Incorporation or Organization)
000-25597
(Commission File Number)
93-1261319
(I.R.S. Employer Identification Number)

One SW Columbia Street, Suite 1200
Portland, Oregon 97258
(address of Principal Executive Offices) (Zip Code)

(503) 727-4100
(Registrant's Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ]    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ]    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ]    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)
On September 24, 2015, Umpqua Holdings Corporation (the “Company”) announced the appointment of John Schultz to the Company’s Board of Directors beginning effective September 25, 2015. A copy of the press release is attached as Exhibit 99.1 and incorporated herein by reference. Mr. Schultz will receive the Company’s standard independent director compensation, which consists of: (i) a quarterly retainer of $17,500 payable in the form of an equity award (with up to 30% paid in cash), and (ii) eligibility for an annual equity award in 2016 with an approximate value of $40,000. Mr. Schultz will initially serve on the Board’s Audit & Compliance Committee and Enterprise Risk & Credit Committee.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
UMPQUA HOLDINGS CORPORATION
(Registrant)


Dated:  September 24, 2015
By:/s/ Andrew H. Ognall
Andrew H. Ognall
Executive Vice President, General Counsel and Secretary



    





EXHIBIT INDEX

Exhibit Number
 
Description
99.1
 
Press Release dated September 24, 2015