SEC Form 5 · accession 0001415889-16-004796
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C. Grosvenor
Officer — EVP AND GENERAL COUNSEL
Period of report
Dec 31, 2015
Accepted (ET)
Feb 16, 2016 · 7:03 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 StockF2 | Jan 2, 2015 | A | 54 | $11.1259 | A | 50,346 | D | |
| Common StockF2 | Apr 1, 2015 | A | 51 | $11.9407 | A | 50,346 | D | |
| Common StockF2 | Jul 1, 2015 | A | 118 | $13.3375 | A | 50,346 | D | |
| Common StockF2 | Oct 1, 2015 | A | 143 | $11.9019 | A | 50,346 | D | |
| Common StockF2 | Oct 15, 2015 | F | 425 | $12.13 | D | 50,346 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $12.24 | holding | — | — | — | — | Aug 22, 2022 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Shares were acquired pursuant to the Issuer's Dividend Reinvestment Plan.
- F2This Form 5 is being filed, in part, to correctly report the number of shares held by the Reporting Person as of December 31, 2015.
- F3Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F4One-third of the options vested on August 22, 2013, August 22, 2014 and August 14, 2015, respectively.