Anne Mccallion - 18 Oct 2021 Form 4 Insider Report for PACIFIC MERCANTILE BANCORP

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 18 Oct 2021
Net transaction value: -$42,435
SEC form: 4
Accepted by SEC: 19 Oct 2021, 14:54:48 UTC
Next SEC filing: 25 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/Curt A. Christianssen, as attorney in fact for MCCALLION ANNE

Key filing fact

Anne Mccallion filed Form 4 for PACIFIC MERCANTILE BANCORP on 19 Oct 2021.

Key facts

This page summarizes Anne Mccallion's Form 4 filing for PACIFIC MERCANTILE BANCORP.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 19 Oct 2021, 14:54.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$42,435.

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.

PMBC transaction

Common Stock

Sale

Transaction value: $42,435
Shares: -4,558
Change %: -100%
Price: $9.31
Shares after: 0
Date: 18 Oct 2021
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

Anne Mccallion 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

Pursuant to the Merger Agreement by and between Pacific Mercantile Bancorp and Banc of California, Inc. dated March 22, 2021 (the "Agreement"), all vested shares of Pacific Mercantile Bancorp will be converted to Banc of California, Inc. shares at a 2:1 ratio. The vesting of all options, RSAs and RSUs (the "Incentives") were accelerated and cashed out upon the close of the merger that occurred on October 18, 2021. The price per share used to cash out these Incentives was $9.31, and was determined pursuant to the Agreement.