Stephen A. Cortese - 17 Jun 2021 Form 4 Insider Report for California BanCorp

Role
Director
Signature
/s/ Stephen A Cortese, by Debra Bradford, attorney-in-fact
Issuer symbol
N/A
Transactions as of
17 Jun 2021
Net transactions value
+$12,004
Form type
4
Filing time
21 Jun 2021, 20:11:58 UTC
Next filing
20 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALB Common Stock Award $12,004 +671 +0.31% $17.89 216,532 17 Jun 2021 Direct F1
transaction CALB Common Stock Award $0 +2,794 +1.3% $0.000000 219,326 17 Jun 2021 Direct F2
holding CALB Common Stock 35 17 Jun 2021 By daughter F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to the Reporting Person under the issuer's Amended and Restated 2017 Equty Incentive Plan in lieu of retainer and meeting fees of $12,000.
F2 Represents restricted stock units that vest on June 30, 2022, subject to the Reporting Person's continuous service through the vesting date. Each restricted stock unit represents a contingent right to receive one share of Common Stock.
F3 The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.