Raymond J. Rindone - 30 Nov 2023 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
DEPUTY CFO
Signature
/s/ Ido Dotan, Attorney-in-Fact for Raymond J Rindone
Issuer symbol
BANC
Transactions as of
30 Nov 2023
Net transactions value
-$21,897
Form type
4
Filing time
04 Dec 2023, 19:34:12 UTC
Previous filing
03 Aug 2023
Next filing
18 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 Award $0 +5,352 +38% $0.000000 19,271 30 Nov 2023 Direct F1
transaction BANC Common Stock Tax liability $21,897 -1,851 -9.6% $11.83 17,420 30 Nov 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Issuer's common stock acquired from the vesting of performance-based restricted share unit awards pursuant to the Agreement and Plan of Merger, dated July 25, 2023, by and among Issuer, PacWest Bancorp and Cal Merger Sub, Inc.
F2 Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.