Laura Tarantino - 03 Jan 2022 Form 4 Insider Report for Luther Burbank Corp

Role
EVP, CFO
Signature
/s/ Dawn Alger, power of attorney for Laura Tarantino
Issuer symbol
N/A
Transactions as of
03 Jan 2022
Net transactions value
-$147,757
Form type
4
Filing time
04 Jan 2022, 17:13:27 UTC
Next filing
27 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBC Common Stock Tax liability $147,757 -10,524 -6.7% $14.04 146,379 03 Jan 2022 Direct F1
holding LBC Common Stock 10,651 03 Jan 2022 By Self as Trustee of the Tarantino Rv Lvg Tr Dtd 10/15/04. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock or restricted stock units previously issued.
F2 Shares of Common Stock are held by Ms. Tarantino as Trustee of the Tarantino Rev Lvg Tr dated 10/15/04. Ms. Tarantino possesses the voting and investment power with respect to the shares of Common Stock held by the trust.