Form 4 for BANC BANC OF CALIFORNIA, INC.
Accepted 2023-12-04 00:00:00 ET · period of report 2023-11-30 · accession 0001562180-23-008078 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-12-04 | 2023-11-30 | BANC | DYCK ROBERT G | Chief CREDIT Off | A - Grant | $0.00 | +14.9K | 40.1K | +59% | $0 |
| D | 2023-12-04 | 2023-11-30 | BANC | DYCK ROBERT G | Chief CREDIT Off | F - Tax | $11.83 | -5,150 | 35.0K | -13% | -$60.9K |
| D | 2023-12-04 | 2023-11-30 | BANC | DYCK ROBERT G | Chief CREDIT Off | J - Other | $0.00 | -29.5K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-11-30 | A | A | 14,889 | $0.00 | 40,129 | D | — | — | (F1) Represents shares of Issuer's common stock acquired from the vesting of performance-based restricted share unit awards pursuant to the Agreement and Plan of Merger, dated July 25, 2023, by and among Issuer, PacWest Bancorp and Cal Merger Sub, Inc. (the "Merger Agreement"). |
| 2 | Common | Common Stock | 2023-11-30 | F | D | 5,150 | $11.83 | 34,979 | D | — | — | |
| 3 | Derivative | Performance Stock Units | 2023-11-30 | J | D | 29,478 | $0.00 | 0 | D | — · — to 2026-06-06 | 29,478 Common Stock | (F3) In connection with the transactions contemplated by the Merger Agreement, performance-based restricted stock units were canceled for no consideration. |