Bryan M. Corsini - May 1, 2024 Form 3 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role: CHIEF CREDIT OFFICER
Signature: /s/ Ido Dotan, Attorney-in-Fact for Bryan M Corsini
Stock symbol: BANC
Transactions as of: May 1, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/1/2024, 05:11 PM
Previous filing: Nov 30, 2023
Next filing: May 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BANC	Common Stock						29.6K	May 1, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes restricted stock awards of 10,364 shares of Issuer's common stock acquired from the conversion of PacWest Bancorp ("PACW") restricted stock awards ("PACW RSAs") pursuant to the merger agreement between the Issuer and PACW. Pursuant to the terms of the merger agreement, PACW RSAs were assumed by Issuer and converted into the right to receive the merger consideration in respect of each share of PACW common stock, subject to such restricted stock awards immediately following the effective time of the merger being subject to the same terms and conditions as applicable under the PACW RSAs (including vesting terms), with any fractional shares rounded to the nearest whole share of Issuer's common stock.
F2	Includes 19,285 restricted stock units granted to the Reporting Person on February 27, 2024, which will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period, beginning on February 27, 2025.

Content

Includes restricted stock awards of 10,364 shares of Issuer's common stock acquired from the conversion of PacWest Bancorp ("PACW") restricted stock awards ("PACW RSAs") pursuant to the merger agreement between the Issuer and PACW. Pursuant to the terms of the merger agreement, PACW RSAs were assumed by Issuer and converted into the right to receive the merger consideration in respect of each share of PACW common stock, subject to such restricted stock awards immediately following the effective time of the merger being subject to the same terms and conditions as applicable under the PACW RSAs (including vesting terms), with any fractional shares rounded to the nearest whole share of Issuer's common stock.

Includes 19,285 restricted stock units granted to the Reporting Person on February 27, 2024, which will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period, beginning on February 27, 2025.