Ido Dotan - Jun 12, 2022 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role: GENERAL COUNSEL, CORP SECRTY
Signature: /s/ Ido Dotan
Stock symbol: BANC
Transactions as of: Jun 12, 2022
Transactions value $: -$35,787
Form type: 4
Date filed: 6/14/2022, 06:11 PM
Previous filing: Jun 8, 2022
Next filing: Feb 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BANC	Common Stock	Tax liability	-$35.8K	-2.02K	-7.98%	$17.69	23.3K	Jun 12, 2022	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	BANC	Performance Stock Units						45.5K	Jun 12, 2022	Common Stock	45.5K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
F2	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.