Matthew P. Wagner - 09 Dec 2022 Form 4 Insider Report for PACWEST BANCORP

Role: CEO, Director
Signature: /s/ Angela M.W. Kelley, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 09 Dec 2022
Net transactions value: -$428,590
Form type: 4
Filing time: 12 Dec 2022, 17:20:28 UTC
Previous filing: 28 Nov 2022
Next filing: 01 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PACW	Common Stock	Sale	$428,590	-17,725	-1.8%	$24.18	985,361	09 Dec 2022	Direct	F1
holding	PACW	Common Stock						52,925	09 Dec 2022	By IRA
holding	PACW	Common Stock						17,003	09 Dec 2022	By Spouse	F2
holding	PACW	Depositary Shares of Series A Preferred Stock						20,000	09 Dec 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.11 to $24.24, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2	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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.11 to $24.24, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

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.