Richard J. Lashley - Feb 29, 2024 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
Director
Signature
/s/ Ido Dotan, Attorney-in-Fact for Richard J Lashley
Stock symbol
BANC
Transactions as of
Feb 29, 2024
Transactions value $
$430,662
Form type
4
Date filed
3/1/2024, 05:55 PM
Previous filing
Dec 12, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANC Depositary Shares of Series F Preferred Stock Purchase $214K +10K $21.40 10K Feb 29, 2024 By Goodbody/PL Capital, LLC F1, F2
transaction BANC Common Stock Purchase $217K +15K +0.61% $14.44 2.48M Mar 1, 2024 By PL Capital, LLC F3, F4
holding BANC Common Stock 54.3K Feb 29, 2024 Direct
holding BANC Common Stock 739K Feb 29, 2024 By Goodbody/PL Capital, LLC F2
holding BANC Common Stock 10K Feb 29, 2024 By Richard Lashley ROTH IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These depositary shares were purchased in multiple transactions at prices ranging from $21.38 to $21.40 per depositary share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of depositary shares purchased at each separate price within the range set forth herein.
F2 Goodbody/PL Capital, LLC is a Delaware limited liability company and the sole General Partner of Goodbody/PL Capital, L.P., a Delaware limited partnership. The Reporting Person is the holder of a 50% equity interest in, and one of two Managing Members of, Goodbody/PL Capital, LLC. He reports all shares held by the limited partnership as it is impractical to determine his proportionate interest in such limited partnerships, which may include interests he holds as a direct or indirect limited partner. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.37 to $14.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
F4 PL Capital, LLC is a Delaware limited liability company and the sole General Partner of Financial Edge Fund, L.P., Financial Edge-Strategic Fund, L.P., PL Capital Plus Fund, L.P., and PL Capital/Focused Fund, L.P., each a Delaware limited partnership. The Reporting Person is the holder of a 50% equity interest in, and one of two Managing Members of, PL Capital, LLC. He reports all shares held by the limited partnerships as it is impractical to determine his proportionate interest in such limited partnerships, which may include interests he holds as a direct or indirect limited partner. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.