Matthew P. Wagner - Dec 9, 2022 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role: CEO, Director
Signature: /s/ Angela M.W. Kelley, Attorney-in-Fact
Stock symbol: PACW
Transactions as of: Dec 9, 2022
Transactions value $: -$428,591
Form type: 4
Date filed: 12/12/2022, 05:20 PM
Previous filing: Nov 28, 2022
Next filing: Feb 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PACW	Common Stock	Sale	-$429K	-17.7K	-1.77%	$24.18	985K	Dec 9, 2022	Direct	F1
holding	PACW	Common Stock						52.9K	Dec 9, 2022	By IRA
holding	PACW	Common Stock						17K	Dec 9, 2022	By Spouse	F2
holding	PACW	Depositary Shares of Series A Preferred Stock						20K	Dec 9, 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.