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

Role: Bank Chief Financial Officer
Signature: Manisha Merchant, by POA for Jean Carandang
Stock symbol: BCAL
Transactions as of: May 10, 2023
Transactions value $: $0
Form type: 3
Date filed: 5/10/2023, 11:00 AM
Next filing: Mar 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BCAL	Common Stock						8K	May 10, 2023	By IRA
holding	BCAL	Common Stock						22.4K	May 10, 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.