Stephen Cortese - Jun 17, 2021 Form 4 Insider Report for California BanCorp (CALB)

Role
Director
Signature
/s/ Stephen A Cortese, by Debra Bradford, attorney-in-fact
Stock symbol
CALB
Transactions as of
Jun 17, 2021
Transactions value $
$12,004
Form type
4
Date filed
6/21/2021, 08:11 PM
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALB Common Stock Award $12K +671 +0.31% $17.89 217K Jun 17, 2021 Direct F1
transaction CALB Common Stock Award $0 +2.79K +1.29% $0.00 219K Jun 17, 2021 Direct F2
holding CALB Common Stock 35 Jun 17, 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.