Michelle Wirfel - 10 Jan 2022 Form 4 Insider Report for California BanCorp

Role: SEVP and Chief Banking Officer
Signature: /s/ Michele Wirfel, by Debra Bradford, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 10 Jan 2022
Net transactions value: -$21
Form type: 4
Filing time: 13 Jan 2022, 15:03:00 UTC
Next filing: 14 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CALB	Common Stock	Options Exercise	$20,538	+3,150	+11%	$6.52	31,619	10 Jan 2022	Direct
transaction	CALB	Common Stock	Tax liability	$20,559	-979	-3.1%	$21.00	30,640	10 Jan 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	-3,150	-100%	$0.000000^*	0	10 Jan 2022	Common Stock	3,150	$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.