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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
1514243	T Jeffrey Seabold	C/O Banc Of California, Inc. 18500 Von Karman Ave, Suite 1100 Irvine CA 92612	Evp, Chief Banking Officer	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
Class B Non-Voting Stock	Acquisiton	2015-12-08	95,000	$9.04	95,000	No	4	X	Direct
Class B Non-Voting Stock	Disposition	2015-12-08	59,153	$14.89	35,847	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	X	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Non-Voting Common Stock	Warrant to purchase Class B Non-Voting Common Stock	Disposition	2015-12-08	95,000	$0.00	435,000	$9.04

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
340,000			No	4	X	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	143,781	Direct

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	16,713	16,713	Direct
Common Stock	Stock Option	$13.10		2023-05-13	100,000	100,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2021-06-27	16,713	16,713	Direct
2023-05-13	100,000	100,000	Direct

Footnotes

The exercise price of this warrant was subject to certain automatic adjustments in accordance with the terms of the warrant. Based on these automatic adjustments to the original $11.00 exercise price, it was determined that the exercise price for these warrants was $9.04 on the transaction date.
Warrants exercised on a cashless basis, resulting in the Issuer withholding 59,153 of the warrant shares to pay certain related costs, including the exercise price, and issuing to the Reporting Person the remaining 35,847 shares.
Warrants became exercisable as follows: (i) 95,000 shares became exercisable on January 1, 2011; (ii) 130,000 shares became exercisable on April 1, 2011; (iii) 130,000 shares became exercisable on July 1, 2011; and (iv) 80,000 shares became exercisable on October 1, 2011. Shares are exercisable with respect to each vested tranche for five years after the tranche's vesting date.
Options will vest according to the following schedule: 20% increments on each of May 13, 2014, 2015, 2016, 2017 and 2018.