SEC Form 4 · accession 0001179110-16-032834
PACWEST BANCORP · PACW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn M Hopkins
Officer — EVP, Chief Accounting Officer
Period of report
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 5:21 pm EST
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 | Dec 8, 2016 | S | 19,994 | $55.1918 | D | 8,309 | I | By Family Trust |
| Common Stock | holding | — | — | — | 56,997 | D | ||
| Common StockF2 | holding | — | — | — | 3,629 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 144 | I | As custodian of account for daughter | |
| Common Stock | holding | — | — | — | 146 | I | As custodian of account for son | |
| Common Stock | holding | — | — | — | 56 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.19 to $55.23, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Includes 117 shares of Issuer's common stock acquired by the Reporting Person between May 12, 2016 and December 8, 2016 under the Issuer's 401(k) plan. The information in this report is based on a plan statement dated as of December 8, 2016.