Matthew P. Wagner - Jan 31, 2022 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role
CEO and President, Director
Signature
/s/ Matthew Wagner
Stock symbol
PACW
Transactions as of
Jan 31, 2022
Transactions value $
-$1,443,091
Form type
4
Date filed
2/2/2022, 04:15 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACW Common Stock Tax liability -$1.44M -31.1K -2.82% $46.43 1.07M Jan 31, 2022 Direct F1, F2
holding PACW Common Stock 52.9K Jan 31, 2022 By IRA
holding PACW Common Stock 17K Jan 31, 2022 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Issuer's common stock that Reporting Person surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations upon the vesting of 78,000 shares of restricted stock on January 31, 2022.
F2 Reflects market closing price on January 31, 2022.
F3 The Reporting Person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.