Lynn A. Sullivan - Jun 6, 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: Jun 6, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/8/2022, 04:18 PM
Previous filing: Mar 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BANC	Common Stock						44.5K	Jun 6, 2022	Direct

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
transaction	BANC	Performance Stock Units	Award	$0	+26.1K		$0.00	26.1K	Jun 6, 2022	Common Stock	26.1K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant.