Ido Dotan - Feb 23, 2023 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Signature
/s/ Ido Dotan
Stock symbol
BANC
Transactions as of
Feb 23, 2023
Transactions value $
$0
Form type
4
Date filed
2/27/2023, 03:16 PM
Previous filing
Jun 14, 2022
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANC Common Stock Award $0 +7.62K +32.68% $0.00 30.9K Feb 23, 2023 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 Feb 23, 2023 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 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 February 23, 2024.
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.