Lynn A. Sullivan - 01 Mar 2022 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
CHIEF RISK OFFICER
Signature
/s/ Ido Dotan, Attorney-in-Fact for Lynn A Sullivan
Issuer symbol
BANC
Transactions as of
01 Mar 2022
Net transactions value
-$25,283
Form type
4
Filing time
03 Mar 2022, 16:32:22 UTC
Previous filing
15 Jun 2021
Next filing
10 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANC Common Stock Award $0 +8,387 +22% $0.000000 46,872 01 Mar 2022 Direct F1
transaction BANC Common Stock Tax liability $25,283 -1,337 -2.9% $18.91 45,535 02 Mar 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on March 1, 2023.
F2 Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.