SEC Form 4 · accession 0001415889-15-001265
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Ronald J. Nicolas Jr.
Officer — EVP, CFO
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 8:11 pm EDT
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,F2 | Apr 1, 2015 | A | 15,207 | $0.00 | A | 66,369 | D | |
| Common Stock | Apr 1, 2015 | F | 10,391 | $12.33 | D | 55,978 | D | |
| Common Stock | 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 OptionsF4 | $11.36 | holding | — | — | — | — | Nov 5, 2022 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Represents grant of restricted stock. Shares will vest on the one-year anniversary of the grant date.
- F2Shares issued pursuant to the Issuer's 2013 Omnibus Incentive Plan. The Reporting Person did not provide, and the Issuer did not receive any consideration for the issuance of these shares.
- F3Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F4The stock options vests ratably over a five year period, beginning on the one year anniversary of the grant date.