Martin E. Plourd - Aug 3, 2023 Form 4 Insider Report for COMMUNITY WEST BANCSHARES / (CWBC)

Role
President and CEO, Director
Signature
/s/ Nadia Young for Martin E. Plourd
Stock symbol
CWBC
Transactions as of
Aug 3, 2023
Transactions value $
$0
Form type
4
Date filed
8/7/2023, 11:24 AM
Previous filing
May 23, 2023
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBC Common Stock Gift $0 -1K -0.9% $0.00 110K Aug 3, 2023 Direct F16

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
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $7.31 Direct F1
holding CWBC Stock Option (right to buy) 1.65K Aug 3, 2023 Common Stock 1.65K $6.70 Direct F2
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $6.70 Direct F3
holding CWBC Stock Option (right to buy) 25K Aug 3, 2023 Common Stock 25K $6.86 Direct F4
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $10.30 Direct F5
holding CWBC Stock Option (right to buy) 10K Aug 3, 2023 Common Stock 10K $10.99 Direct F6
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $10.56 Direct F7
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $10.70 Direct F8
holding CWBC Stock Option (right to buy) 3K Aug 3, 2023 Common Stock 3K $6.71 Direct F9
holding CWBC Stock Option (right to buy) 25K Aug 3, 2023 Common Stock 25K $9.89 Direct F10
holding CWBC Stock Option (right to buy) 20K Aug 3, 2023 Common Stock 20K $12.94 Direct F11
holding CWBC Restricted Stock Award 10K Aug 3, 2023 Common Stock 10K $0.00 Direct F12, F15
holding CWBC Restricted Stock Award 6K Aug 3, 2023 Common Stock 6K $0.00 Direct F13, F15
holding CWBC Stock Option (right to buy) 10K Aug 3, 2023 Common Stock 10K $14.72 Direct F14
* 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 30, 2014 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on January 30 of 2015, 2016, 2017, 2018, and 2019.
F2 The option was granted on March 26, 2015, and was originally exercisable for 5,000 shares. The reporting person previously partially exercised the option to acquire 3,350 shares: thus, there are 1,650 remaining options shares underlying the option. The remaining portion of the option vests as follows: 650 shares on March 26, 2019: and 1000 shares on March 26, 2020.
F3 The option was granted on March 26, 2015 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on March 26 of 2016, 2017, 2018, 2019, and 2020.
F4 The option was granted on March 24, 2016 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on March 24 of 2017, 2018, 2019, 2020, and 2021.
F5 The option was granted on February 22, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 22 of 2018, 2019, 2020, 2021, and 2022.
F6 The option was granted on December 20, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 2,000 option shares on December 20 of 2018, 2019, 2020, 2021, and 2022.
F7 The option was granted on November 15, 2018 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on November 15 of 2019, 2020, 2021, 2022, and 2023.
F8 The option was granted on February 27, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 27 of 2021, 2022, 2023, 2024, and 2025.
F9 The option was granted on April 29, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 600 option shares on April 29 of 2021, 2022, 2023, 2024,and 2025.
F10 The option was granted on February 25, 2021 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on February 25 of 2022, 2023, 2024, 2025, and 2026.
F11 The option was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 4,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026.
F12 The restricted stock was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026. 2,000 restricted stock shares vested on 11/18/2022. Remaining balance unvested is 8,000.
F13 The restricted stock was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 1,200 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027
F14 The option was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027.
F15 Not applicable.
F16 On August 3, 2023, Martin Plourd gifted and transferred 1,000 directly owned shares of CWBC common stock to his daughter, Annaliese Tappeiner.