Robert G. Dyck - 09 Mar 2023 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role: CHIEF CREDIT OFFICER
Signature: /s/ Ido Dotan, Attorney-in-Fact for Robert G Dyck
Issuer symbol: BANC
Transactions as of: 09 Mar 2023
Net transactions value: -$8,675
Form type: 4
Filing time: 10 Mar 2023, 15:19:27 UTC
Previous filing: 03 Mar 2023
Next filing: 04 Dec 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BANC	Common Stock	Tax liability	$8,675	-517	-2%	$16.78	25,240	09 Mar 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						29,478	09 Mar 2023	Common Stock	29,478		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.