Christopher D. Blake - 28 Feb 2022 Form 4 Insider Report for PACWEST BANCORP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2022, 17:24:21 UTC
Prior SEC filing
17 Feb 2022
Next SEC filing
08 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Blake

Key filing fact

Christopher D. Blake filed Form 4 for PACWEST BANCORP on 02 Mar 2022.

Key facts

  • This page summarizes Christopher D. Blake's Form 4 filing for PACWEST BANCORP.
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2022, 17:24.

Change

  • Previous filing in this sequence was filed on 17 Feb 2022.
  • Current net transaction value: -$235,190.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PACW transaction

Common Stock

Tax liability

Transaction value
$153,449
Shares
-3,105
Change %
-4.3%
Price
$49.42
Shares after
68,520
Date
28 Feb 2022
Ownership
Direct
Footnotes
F1, F2
PACW transaction

Common Stock

Tax liability

Transaction value
$81,741
Shares
-1,654
Change %
-2.4%
Price
$49.42
Shares after
66,866
Date
28 Feb 2022
Ownership
Direct
Footnotes
F2, F3
PACW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,813
Date
28 Feb 2022
Ownership
By Family Trust
PACW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
281
Date
28 Feb 2022
Ownership
By IRA
PACW holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
222
Date
28 Feb 2022
Ownership
By Spouse's IRA
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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 10,079 shares of restricted stock on February 28, 2022.

Footnote F2

Reflects market closing price on February 28, 2022.

Footnote F3

On February 6, 2019, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 15, 2022, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 5,389 shares of Issuer's common stock to vest on February 28, 2022 subject to the Reporting Person's satisfaction of the employment condition. The amount reported in column 4 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 the 5,389 shares of Issuer's common stock on February 28, 2022.

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