Stephen Cortese - Aug 8, 2024 Form 4 Insider Report for California BanCorp \ CA (BCAL)

Role
Director
Signature
Stephen Cortese
Stock symbol
BCAL
Transactions as of
Aug 8, 2024
Transactions value $
$0
Form type
4
Date filed
8/12/2024, 09:25 PM
Previous filing
Jul 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAL Common Stock Award $0 +3.15K +0.93% $0.00 343K Aug 8, 2024 Direct F1
holding BCAL Common Stock 44.6K Aug 8, 2024 A Cortese & S Cortese TTEE Cortese Trust U/A DTD 8/20/2013
holding BCAL Common Stock 2.09K Aug 8, 2024 Cortese Real Property LP F2
* 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 May 30, 2025.
F2 The reported shares are owned directly by Cortese Real Property LP, a limited partnership of which Cortese Management, LLC is the general partner and 2.352% owner. The reporting person is the sole member of Cortese Management, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.