SEC Form 4 · accession 0001179110-16-024780
PACWEST BANCORP · PACW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor R Santoro
Officer — See Remarks below
Period of report
May 13, 2016
Accepted (ET)
May 16, 2016 · 6:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001102112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 13, 2016 | F | 6,353 | $37.12 | D | 168,169 | D | |
| Common Stock | holding | — | — | — | 14,513 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares of Issuer's common stock that Reporting Person surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations upon the release of 15,000 shares of restricted stock on May 13, 2016.
- F2Reflects market closing price on May 13, 2016.
Remarks
Reporting person serves as the Executive Vice President and Vice Chairman, Corporate Development of PacWest Bancorp.