SEC Form 4 · accession 0001179110-19-001652
PACWEST BANCORP · PACW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Pieczynski
Officer — Executive Vice President · Director
Period of report
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 4:56 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 | Feb 6, 2019 | A | 31,642 | $0.00 | A | 79,139 | D | |
| Common StockF2 | holding | — | — | — | 125,792 | I | By Pieczynski Living Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 10, 2016, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 6, 2019, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 31,642 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 10, 2019 subject to Reporting Person's satisfaction of the employment condition.
- F2The Reporting Person and his spouse serve as the trustees for the trust.