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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1169770	Banc Of California Inc.	BANC	National Commercial Banks (6021)	043639825

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1504590	Steven Sugarman	C/O Banc Of California, Inc. 18500 Von Karman Ave, Suite 1100 Irvine CA 92612	Ceo And Chairman Of Board	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-05-23	35,000	$10.38	35,000	No	4	P	Indirect	By the Steven and Ainslie Sugarman Family Irrevocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By the Steven and Ainslie Sugarman Family Irrevocable Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Appreciation Rights	Acquisiton	2014-05-21	300,219	$0.00	300,219	$10.09
Common Stock	Stock Appreciation Rights	Acquisiton	2014-05-21	252,023	$0.00	252,023	$10.09

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
300,219	2017-05-21	2022-08-22	No	4	A	Direct
552,242		2022-08-22	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	33,806	Indirect	By Steven and Ainslie Sugarman Living Trust
Common Stock	40	Indirect	By Cole Sugarman Roth IRA
Common Stock	75,264	Direct
Common Stock	7,500	Indirect	By Charles Schwab & Co Inc., Cust Sugarman Enterprises, Inc. 401K FBO Ainslie Sugarman
Common Stock	400	Indirect	By Hailey Sugarman Roth IRA
Common Stock	1,475	Indirect	By Sierra Sugarman Roth IRA
Common Stock	2,000	Indirect	By Steven Sugarman Roth IRA
Common Stock	4,282	Indirect	By Ainslie Sugarman Roth IRA

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Purchase)	$15.81	2012-06-27	2021-06-27	16,165	16,165	Direct
Class B Non-Voting Common Stock	Warrant to Purchase Class B Non-Voting Common Stock	$11.00			960,000	960,000	Indirect
Common Stock	Stock Appreciation Rights	$12.83		2022-08-22	70,877	70,877	Direct
Common Stock	Stock Appreciation Rights	$13.06		2022-08-22	150,993	150,993	Direct
Common Stock	Stock Appreciation Rights	$13.60		2022-08-22	88,366	88,366	Direct
Common Stock	Stock Appreciation Rights	$12.12		2022-08-22	500,000	500,000	Direct
Common Stock	Stock Appreciation Rights	$13.55		2022-08-22	15,275	15,275	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-06-27	16,165	16,165	Direct
	960,000	960,000	Indirect
2022-08-22	70,877	70,877	Direct
2022-08-22	150,993	150,993	Direct
2022-08-22	88,366	88,366	Direct
2022-08-22	500,000	500,000	Direct
2022-08-22	15,275	15,275	Direct

Footnotes

Mr. Sugarman's minor children are the sole beneficiaries of the Steven and Ainslie Family Irrevocable Trust and his wife owns certain life interests.
These stock appreciation rights ("SARs") were issued to Mr. Sugarman in connection with the closing of an offering of the Issuer's 8.00% Tangible Equity Units. Each Tangible Equity Unit is composed of a prepaid stock purchase contract (each, a "Purchase Contract") and a junior subordinated amortizing note issued by the Issuer. The number of shares underlying these SARs is subject to adjustment and therefore certain of these SARs are subject to forfeiture.
Subject to earlier vesting to the extent of and upon the early settlement of the respective Purchase Contracts in accordance with the settlement rates set forth in such Purchase Contracts.
Mr. Sugarman received these SARs pursuant to the terms and conditions of his employment agreement with the Issuer, and, accordingly, paid no consideration for the receipt thereof.
Two-thirds of these SARs are currently vested, and the remaining one-third is scheduled to vest on August 21, 2014.
Warrants vested in accordance with the following schedule: 50,000 shares vested on October 11, 2011 and the remainder vested in seven equal quarterly installments, beginning January 1, 2012.
Warrants expire five years from the date vested.