Lynn A. Sullivan - Mar 1, 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
Stock symbol
BANC
Transactions as of
Mar 1, 2022
Transactions value $
-$25,283
Form type
4
Date filed
3/3/2022, 04:32 PM
Previous filing
Jun 15, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANC Common Stock Award $0 +8.39K +21.79% $0.00 46.9K Mar 1, 2022 Direct F1
transaction BANC Common Stock Tax liability -$25.3K -1.34K -2.85% $18.91 45.5K Mar 2, 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.