John C. Erickson - 01 Mar 2024 Form 4 Insider Report for Luther Burbank Corp

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Mar 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Mar 2024, 10:59:04 UTC
Prior SEC filing: 21 Sep 2023
Next SEC filing: 30 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Dawn Alger, power of attorney for John C. Erickson

Key filing fact

John C. Erickson filed Form 4 for Luther Burbank Corp on 01 Mar 2024.

Key facts

This page summarizes John C. Erickson's Form 4 filing for Luther Burbank Corp.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 01 Mar 2024, 10:59.

Change

Previous filing in this sequence was filed on 21 Sep 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LBC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -51,420
Change %: -100%
Price
Shares after: 0
Date: 01 Mar 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John C. Erickson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Disposed of in connection with the Agreement and Plan of Reorganization between the Issuer and WaFd, Inc. ("WaFd", f/k/a Washington Federal, Inc.), dated November 13, 2022, as amended (the "Merger Agreement"), pursuant to which the Issuer was merged with and into WaFd on March 1, 2024 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, each issued and outstanding share of the Issuer's common stock was converted into, and canceled in exchange for, the right to receive 0.3353 shares of WaFd common stock and cash in lieu of fractional shares, if applicable.