Raymond J. Rindone - May 23, 2024 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
DEPUTY CFO
Signature
/s/ Ido Dotan, Attorney-in-Fact for Raymond J Rindone
Stock symbol
BANC
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 04:39 PM
Previous filing
Feb 28, 2024
Next filing
Aug 5, 2024

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
transaction BANC Performance Stock Units Award $0 +67.6K $0.00 67.6K May 23, 2024 Common Stock 67.6K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty trading-day Volume-Weighted Average Price of $28.73 per share within four years from the date of grant and (b) the Reporting Person's continued service through the fourth anniversary of the grant.