Filing Details

Accession Number:
0001562180-23-003781
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-01 20:33:46
Reporting Period:
2023-05-01
Accepted Time:
2023-05-01 20:33:46
SEC Url:
Form 4 Filing
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
1200277 M Jared Wolff C/O Banc Of California, Inc.
3 Macarthur Place
Santa Ana CA 92707
President And Ceo 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 2023-05-01 6,769 $11.10 217,204 No 4 P Indirect By the Wolff Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By the Wolff Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 56,048 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Stock Units $0.00 2026-06-06 279,207 279,207 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-06-06 279,207 279,207 Direct
Footnotes
  1. The reported price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.08 to $11.10 per share, inclusive, the Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.
  2. Amount reported includes 160,320 shares transferred into Wolff Family Trust previously reported as directly held
  3. Amount includes 3,226 shares of the Issuer's common stock acquired pursuant to the Issuer's dividend revinvestment plan.
  4. Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant.