Simone Lagomarsino - Jan 3, 2023 Form 4 Insider Report for Luther Burbank Corp (LBC)

Role
President CEO, Director
Signature
/s/ Dawn Alger, power of attorney for Simone Lagomarsino
Stock symbol
LBC
Transactions as of
Jan 3, 2023
Transactions value $
-$457,321
Form type
4
Date filed
1/5/2023, 10:07 AM
Previous filing
Mar 29, 2022
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBC Common Stock Tax liability -$457K -41.2K -28.12% $11.11 105K Jan 3, 2023 Direct F1
holding LBC Common Stock 174K Jan 3, 2023 By Self as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock or restricted stock units previously issued.
F2 Shares of Common Stock are held by Ms. Lagomarsino as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended. Ms. Lagomarsino possesses the voting and investment power with respect to the shares of Common Stock held by the trust.