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Filing Details

Accession Number:: 0001415889-18-001732
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-12-06 14:00:20
Reporting Period:: 2018-11-30

Accepted Time:: 2018-12-06 14:00:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1169770	Banc Of California Inc.	BANC	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
949197	Kirk W Wycoff	C/O Banc Of California, Inc. 3 Macarthur Place Santa Ana CA 92707		No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2018-11-30	83	$17.16	0	No	4	S	Indirect	By Patriot Financial Partners, L.P.
Common Stock	Disposition	2018-11-30	41	$17.16	0	No	4	S	Indirect	By Patriot Finanical Partners Parallel, L.P.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Patriot Financial Partners, L.P.
No	4	S	Indirect	By Patriot Finanical Partners Parallel, L.P.

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	70,043	Direct
Common Stock	592	Indirect	By Patriot Financial Manager, LP
Common Stock	1,204,097	Indirect	By Patriot Financial Partners II, L.P.
Common Stock	257,256	Indirect	By Patriot Financial Partners Parallel II, L.P.

Footnotes

On November 30, 2018, Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. (the "Funds") completed a liquidating distribution, including 757,988 and 131,233 shares of the Issuer's common stock held by Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P., respectively, which shares were reported as beneficially held by the Reporting Person in prior Section 16 reports.As a result of the distribution by the Funds, the Reporting Person retained beneficial ownership over the following shares: 60,310 shares that were issued to the Reporting Person directly and 592 shares that were issued to Patriot Financial Manager, L.P. In addition, the Funds sold a total of 124 shares (as reported herein) and the remaining shares were distributed to other partners of the Funds.
The Reporting Person is a majority owner of Patriot Financial Manager, L.P. and may be deemed to be the beneficial owner of the securities held thereby. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
The securities are beneficially held by Patriot Financial Partners II, L.P. (the "Patriot Fund II") and Patriot Financial Partners Parallel II, L.P. (the "Patriot Parallel Fund II," together with the Patriot Fund II, the "Funds II"). Patriot Financial Partners GP II, L.P. ("Patriot II GP") is a general partner of each of the Funds II, and Patriot Financial Partners GP II, LLC ("Patriot II LLC") is a general partner of Patriot II GP. In addition, the Reporting Person is a general partner of the Funds II and Patriot II GP and a member of Patriot II LLC. Accordingly, securities owned by the Funds II may be regarded as being beneficially owned by Patriot II GP, Patriot II LLC and the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.