Lester Machado - May 10, 2023 Form 3/A - Amendment Insider Report for Southern California Bancorp \ CA (BCAL)

Role
Director
Signature
Manisha Merchant, by POA for Lester Machado
Stock symbol
BCAL
Transactions as of
May 10, 2023
Transactions value $
$0
Form type
3/A - Amendment
Date filed
9/15/2023, 05:27 PM
Date Of Original Report
May 10, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BCAL Common Stock 48K May 10, 2023 Lester Machado & Robert M Pedersen TR UA 03/13/14 Machado-Pedersen Family Trust
holding BCAL Common Stock 10K May 10, 2023 Lester Machado MD PC DTD 12/07/06 Defined Benefit Plan
holding BCAL Common Stock 2.05K May 10, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BCAL Stock Options May 10, 2023 Common Stock 8K $9.67 Direct F2
holding BCAL Stock Options May 10, 2023 Common Stock 7.5K $12.96 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amendment corrects the number of shares beneficially owned directly by the Reporting Person. Such shares include restricted stock units ("RSUs") granted to the Reporting Person on January 18, 2023, of which, as of the filing date of the original Form 3 (May 10, 2023), 1,452 shares remained to be issued upon vesting of the RSUs in three installments on July 3, 2023, October 3, 2023 and January 3, 2024.
F2 These options are fully vested.
F3 Includes stock options that were granted to the Reporting Person on February 20, 2019, of which 1,500 shares remain to be vested, and will vest on February 20, 2024.