Martin E. Plourd - Dec 21, 2022 Form 4 Insider Report for COMMUNITY WEST BANCSHARES / (CWBC)

Role
President & CEO, Director
Signature
Nadia Young for Martin E. Plourd
Stock symbol
CWBC
Transactions as of
Dec 21, 2022
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 06:15 PM
Previous filing
Nov 21, 2022
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWBC Common Stock Gift $0 -1.2K -1.07% $0.00 111K Dec 21, 2022 Direct F1

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 CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $7.31 Direct F2
holding CWBC Stock Option (right to buy) 1.65K Dec 21, 2022 Common Stock 1.65K $6.70 Direct F3
holding CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $6.70 Direct F4
holding CWBC Stock Option (right to buy) 25K Dec 21, 2022 Common Stock 25K $6.86 Direct F5
holding CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $10.30 Direct F6
holding CWBC Stock Option (right to buy) 10K Dec 21, 2022 Common Stock 10K $10.99 Direct F7
holding CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $10.56 Direct F8
holding CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $10.70 Direct F9
holding CWBC Stock Option (right to buy) 3K Dec 21, 2022 Common Stock 3K $6.71 Direct F10
holding CWBC Stock Option (right to buy) 25K Dec 21, 2022 Common Stock 25K $9.89 Direct F11
holding CWBC Stock Option (right to buy) 20K Dec 21, 2022 Common Stock 20K $12.94 Direct F12
holding CWBC Restricted Stock Award 10K Dec 21, 2022 Common Stock 10K $0.00 Direct F13, F16
holding CWBC Restricted Stock Award 6K Dec 21, 2022 Common Stock 6K $0.00 Direct F14, F16
holding CWBC Stock Option (right to buy) 10K Dec 21, 2022 Common Stock 10K $14.72 Direct F15
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 21, 2022, Marty Plourd gifted and transferred 1,200 directly owned shares of CWBC common stock to his children, Scholarship foundation, local church and hospital.
F2 The option was granted on January 30, 2014 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on January 30 of 2015, 2016, 2017, 2018, and 2019.
F3 The option was granted on March 26, 2015, and was originally exercisable for 5,000 shares. The reporting person previously partially exercised the option to acquire 3,350 shares; thus, there are 1,650 remaining options shares underlying the option. The remaining portion of the option vests as follows: 650 shares on March 26, 2019; and 1000 shares on March 26, 2020.
F4 The option was granted on March 26, 2015 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on March 26 of 2016, 2017, 2018, 2019, and 2020.
F5 The option was granted on March 24, 2016 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on March 24 of 2017, 2018, 2019, 2020, and 2021.
F6 The option was granted on February 22, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 22 of 2018, 2019, 2020, 2021, and 2022.
F7 The option was granted on December 20, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 2,000 option shares on December 20 of 2018, 2019, 2020, 2021, and 2022.
F8 The option was granted on November 15, 2018 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on November 15 of 2019, 2020, 2021, 2022, and 2023.
F9 The option was granted on February 27, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 27 of 2021, 2022, 2023, 2024, and 2025.
F10 The option was granted on April 29, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 600 option shares on April 29 of 2021, 2022, 2023, 2024, and 2025.
F11 The option was granted on February 25, 2021 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on February 25 of 2022, 2023, 2024, 2025, and 2026.
F12 The option was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 4,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026.
F13 The restricted stock was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026.
F14 The restricted stock was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 1,200 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027.
F15 The option was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027.
F16 Not applicable.