SEC Form 4 · accession 0001415889-15-000798
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
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 9:07 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 Stock | Mar 4, 2015 | F | 572 | $11.08 | D | 51,162 | D | |
| Common StockF2 | holding | — | — | — | 10,102 | 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 OptionsF3 | $11.36 | holding | — | — | — | — | Nov 5, 2022 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F2Amount held includes transactions exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13, which exempts transactions that effect only a change in beneficial ownership.
- F3The stock options vests ratably over a five year period, beginning on the one year anniversary of the grant date.