SEC Form 5 · accession 0001415889-15-000581
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J. Nicolas Jr.
Officer — EVP, CFO
Period of report
Dec 31, 2014
Accepted (ET)
Feb 17, 2015 · 7:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169770
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 4, 2013 | F | 553 | $10.44 | D | 51,734 | D | |
| Common Stock | Jan 2, 2014 | A | 270 | $13.0077 | A | 51,734 | D | |
| Common Stock | Apr 1, 2014 | A | 292 | $11.9019 | A | 51,734 | D | |
| Common Stock | Jul 1, 2014 | A | 90 | $10.573 | A | 51,734 | D | |
| Common Stock | Oct 1, 2014 | A | 85 | $11.2811 | A | 51,734 | D | |
| Common StockF3 | holding | — | — | — | 10,000 | I | Held in Reporting Person's Retirement Savings Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $11.36 | holding | — | — | — | — | Nov 5, 2022 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Transaction reported corrects the disposition of shares first reported on the Form 4 filed by the Reporting Person on March 6, 2013.
- F2Shares were acquired pursuant to the Issuer's Dividend Reinvestment Plan.
- F3Amount owned corrects a 5,000 share overstatement of ownership reported in prior Section 16 reports.
- F4The stock options vests ratably over a five year period, beginning on the one year anniversary of the grant date.