Simone Lagomarsino - 03 Jan 2023 Form 4 Insider Report for Luther Burbank Corp

Role
President CEO, Director
Signature
/s/ Dawn Alger, power of attorney for Simone Lagomarsino
Issuer symbol
N/A
Transactions as of
03 Jan 2023
Net transactions value
-$457,321
Form type
4
Filing time
05 Jan 2023, 10:07:10 UTC
Previous filing
29 Mar 2022
Next filing
02 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBC Common Stock Tax liability $457,321 -41,163 -28% $11.11 105,231 03 Jan 2023 Direct F1
holding LBC Common Stock 173,828 03 Jan 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.