Form 4 for BCAL California BanCorp \ CA
Accepted 2024-08-12 00:00:00 ET · period of report 2024-08-08 · accession 0001562180-24-006168 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-08-12 | 2024-08-08 | BCAL | Volk David J. | Dir | A - Grant | $0.00 | +3,146 | 2.35M | +0.1% | $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 | 2024-08-08 | A | A | 3,146 | $0.00 | 2,346,104 | I see footnote 3 | — | — | (F1) These restricted stock units, each of which represents the right to receive one share of common stock of California BanCorp, Inc. (Common Stock), were issued to Castle Creek Advisors IV LLC (Advisors IV), on behalf of David Volk in his capacity as a member of the Board of Directors of California BanCorp, Inc. and will become fully vested on May 30, 2025. (F2) This amount has been reduced by 3,097 shares to reflect the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration. (F3) Includes 5,385 shares of unvested RSUs held by Advisors IV and 2,340,719 shares of Common Stock held by Castle Creek Capital Partners VI LP. Mr. Volk, a managing principal of Castle Creek, disclaims beneficial ownership of such shares held by Advisors IV and Castle Creek Capital Partners VI LP, except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |