M. Dorrance - Jan 3, 2022 Form 4 Insider Report for California BanCorp (CALB)

Role
Chief Technology Officer
Signature
/s/ Tom M. Dorrance, by Debra Bradford, attorney-in-fact
Stock symbol
CALB
Transactions as of
Jan 3, 2022
Transactions value $
-$4
Form type
4
Date filed
1/5/2022, 01:16 PM
Previous filing
Aug 9, 2021
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CALB Common Stock Options Exercise $13.7K +2.1K +9.03% $6.52 25.4K Jan 3, 2022 Direct
transaction CALB Common Stock Tax liability -$13.7K -674 -2.66% $20.32 24.7K Jan 3, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CALB Stock option (right to buy) Options Exercise $0 -2.1K -100% $0.00* 0 Jan 3, 2022 Common Stock 2.1K $6.52 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option was granted on January 19, 2012. Twenty percent of the award vested on the first anniversary of the grant date and 1/48 of the award vested each month thereafter. The option expires on January 19, 2022.