Lester Machado - Feb 1, 2024 Form 4 Insider Report for Southern California Bancorp \ CA (BCAL)

Role
Director
Signature
Manisha Merchant, by POA for Lester Machado
Stock symbol
BCAL
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/5/2024, 08:02 PM
Previous filing
Nov 13, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAL Common Stock Award $0 +2.24K +109.11% $0.00 4.29K Feb 1, 2024 Direct F1
holding BCAL Common Stock 44.6K Feb 1, 2024 Lester Machado & Robert M Pedersen TR UA 03/13/14 Machado-Pedersen Family Trust
holding BCAL Common Stock 10K Feb 1, 2024 Lester Machado MD PC DTD 12/07/06 Defined Benefit Plan

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 BCAL Stock Options 7.5K Feb 1, 2024 Common Stock 7.5K $12.96 Direct F2
holding BCAL Stock Options 8K Feb 1, 2024 Common Stock 8K $9.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on January 4, 2025.
F2 Includes stock options that were granted to the Reporting Person on February 20, 2019, of which 1,500 shares remain to be vested, and will vest on February 20, 2024.
F3 These options are fully vested.