Filing Details

Accession Number:
0001722457-17-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-12 14:29:23
Reporting Period:
2017-12-12
Accepted Time:
2017-12-12 14:29:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1475348 Luther Burbank Corp LBC State Commercial Banks (6022) 680270948
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1722457 G. John Biggs 1500 Rosecrans Ave, Suite 300
Manhattan Beach CA 90266
President, Ceo Yes Yes 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 2017-12-12 4,651 $10.75 4,651 No 4 P Indirect By Self as Trustee of the John G and Dana R Biggs Lvg Tr Dtd 6-4-12
Common Stock Acquisiton 2017-12-12 465 $10.75 465 No 4 P Indirect Custodian for Kayo Sharma
Common Stock Acquisiton 2017-12-12 465 $10.75 465 No 4 P Indirect Custodian for Skyler Sharma
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Self as Trustee of the John G and Dana R Biggs Lvg Tr Dtd 6-4-12
No 4 P Indirect Custodian for Kayo Sharma
No 4 P Indirect Custodian for Skyler Sharma
Footnotes
  1. Represents shares of Common Stock of Luther Burbank Corporation purchased through a directed share program in connection with the initial public offering of the Common Stock (the "IPO"), which closed on December 12, 2017.
  2. The shares are subject to a lock up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the IPO.
  3. Shares of Common Stock are held by Mr. Biggs as Trustee of the John G and Dana R Biggs Lvg Tr Dtd 6-4-12. Mr. Biggs possesses the voting and investment power with respect to the shares of Common Stock held by the trust.
  4. Shares of Common Stock are held in a custodial account for the benefit of Kayo Sharma. Mr. Biggs is the custodian of the account and possesses the voting and investment power with respect to the shares of Common Stock held in the custodial account.
  5. Shares of Common Stock are held in a custodial account for the benefit of Skyler Sharma. Mr. Biggs is the custodian of the account and possesses the voting and investment power with respect to the shares of Common Stock held in the custodial account.