Jean Carandang - 10 May 2023 Form 3 Insider Report for Southern California Bancorp \ CA (BCAL)

Role: Bank Chief Financial Officer
Signature: Manisha Merchant, by POA for Jean Carandang
Issuer symbol: BCAL
Transactions as of: 10 May 2023
Net transactions value: $0
Form type: 3
Filing time: 10 May 2023, 11:00:12 UTC
Next filing: 04 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BCAL	Common Stock						8,000	10 May 2023	By IRA
holding	BCAL	Common Stock						22,385	10 May 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes 22,385 restricted stock units ("RSUs"), granted to the Reporting Person as follows: (A) On March 1, 2023, the Reporting Person was granted RSUs representing 5,883 shares that will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on March 1, 2024; and (B) On June 8, 2022, Reporting Person was granted RSUs representing 16,502 shares that will be issued upon vesting and 6,601 shares will vest on June 8, 2024, and the remaining shares will vest in substantially equal installments, over a three-year period beginning on June 8, 2025.

Content

Includes 22,385 restricted stock units ("RSUs"), granted to the Reporting Person as follows: (A) On March 1, 2023, the Reporting Person was granted RSUs representing 5,883 shares that will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on March 1, 2024; and (B) On June 8, 2022, Reporting Person was granted RSUs representing 16,502 shares that will be issued upon vesting and 6,601 shares will vest on June 8, 2024, and the remaining shares will vest in substantially equal installments, over a three-year period beginning on June 8, 2025.