Ido Dotan - 06 Jun 2022 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Signature
/s/ Ido Dotan
Issuer symbol
BANC
Transactions as of
06 Jun 2022
Net transactions value
$0
Form type
4
Filing time
08 Jun 2022, 16:18:34 UTC
Previous filing
10 Mar 2022
Next filing
14 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BANC Common Stock 25,336 06 Jun 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 +45,500 $0.000000 45,500 06 Jun 2022 Common Stock 45,500 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.