Key facts
- This page summarizes Kevin J. Cullen's Form 4 filing for California BanCorp.
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 31 Jul 2024, 17:30.
Kevin J. Cullen - 31 Jul 2024 Form 4 Insider Report for California BanCorp
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 31 Jul 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 31 Jul 2024, 17:30:48 UTC
- Prior SEC filing
- 22 Jul 2024
- Next SEC filing
- 12 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kevin J. Cullen, by Debra Bradford, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kevin J. Cullen filed Form 4 for California BanCorp on 31 Jul 2024.
Change
- Previous filing in this sequence was filed on 22 Jul 2024.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CALB
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -51,027
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 31 Jul 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Kevin J. Cullen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Disposed of pursuant to the Agreement and Plan of Merger and Reorganization, dated January 31, 2024 (the "Merger Agreement"), by and between the Issuer and Southern California Bancorp ("BCAL"). Pursuant to the terms of the Merger Agreement, at the effective time of the merger, each share of Issuer common stock converted into the right to receive 1.590 shares of BCAL common stock (the "Exchange Ratio"), with cash paid in lieu of fractional shares. As a result of the merger, the reporting person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock.
Footnote F2
Includes restricted stock units with respect to 1,399 shares of the Issuer's common stock. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units were assumed by BCAL and converted into a restricted stock units with respect to a number of shares of BCAL common stock equal to the number of issuer shares underlying the restricted stock unit multiplied by the Exchange Ratio.
Footnote F3
This total amount corrects an administrative error in the total amount reported in previous filings. No reportable transaction was omitted from previously filings.