Illgen John D - Feb 2, 2024 Form 4 Insider Report for COMMUNITY WEST BANCSHARES / (CWBC)

Role
Director
Signature
/s/ Nadia Young for John D. Illgen
Stock symbol
CWBC
Transactions as of
Feb 2, 2024
Transactions value $
$71,900
Form type
4
Date filed
2/6/2024, 07:36 PM
Previous filing
May 12, 2023
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBC Common Stock Options Exercise $36K +5K +20% $7.19 30K Feb 2, 2024 Direct F1

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 CWBC Stock Option (right to buy) Options Exercise $36K +5K $7.19 0 Feb 2, 2024 Common Stock 5K $7.19 Direct F1
holding CWBC Stock Option (right to buy) 5K Feb 2, 2024 Common Stock 5K $6.53 Direct F2
holding CWBC Stock Option (right to buy) 5K Feb 2, 2024 Common Stock 5K $10.10 Direct F3
holding CWBC Stock Option (right to buy) 3K Feb 2, 2024 Common Stock 3K $11.50 Direct F4
holding CWBC Stock Option (right to buy) 3K Feb 2, 2024 Common Stock 3K $6.71 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 2, 2024, John Illgen exercised 5,000 shares that were fully vested. Those shares were originally granted on February 27, 2014.
F2 The option was granted on April 23, 2015 and vests as follows: 100% immediately.
F3 The option was granted on August 24, 2017 and vests as follows: 100% immediately.
F4 The option was granted on October 25, 2018 and vests as follows: 100% immediately.
F5 The option was granted on April 29, 2020 and vests as follows: 100% immediately.