C. William Hosler - Feb 3, 2023 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role: Director
Signature: /s/ Angela M.W. Kelley, Attorney-in-Fact
Stock symbol: PACW
Transactions as of: Feb 3, 2023
Transactions value $: $99,300
Form type: 4
Date filed: 2/7/2023, 06:25 PM
Previous filing: May 13, 2022
Next filing: Mar 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PACW	Depositary Shares of Series A Preferred Stock	Purchase	$99.3K	+3.75K		$26.48	3.75K	Feb 3, 2023	Direct	F1, F2
holding	PACW	Common Stock						54.7K	Feb 3, 2023	Direct

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

Explanation of Responses:

Id	Content
F1	Each Depositary Share represents a 1/40th interest in a share of 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock").
F2	The price reported in Column 4 is a weighted average price. These Depositary Shares of Series A Preferred Stock were purchased in multiple transactions at prices ranging from $26.47 to $26.48, 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 Depositary Shares of Series A Preferred Stock purchased at each separate price within the range set forth in footnote (2) to this Form 4.

Content

Each Depositary Share represents a 1/40th interest in a share of 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock").

The price reported in Column 4 is a weighted average price. These Depositary Shares of Series A Preferred Stock were purchased in multiple transactions at prices ranging from $26.47 to $26.48, 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 Depositary Shares of Series A Preferred Stock purchased at each separate price within the range set forth in footnote (2) to this Form 4.