SEC Form 5 · accession 0001415889-16-004798
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hugh F Boyle
Officer — CHIEF RISK OFFICER
Period of report
Dec 31, 2015
Accepted (ET)
Feb 16, 2016 · 7:04 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 | 36 | $11.1259 | A | 71,663 | D | |
| Common StockF2 | Apr 1, 2015 | A | 34 | $11.9407 | A | 71,663 | D | |
| Common StockF2 | Jul 1, 2015 | A | 83 | $13.3375 | A | 71,663 | D | |
| Common StockF2 | Oct 1, 2015 | A | 94 | $11.9019 | A | 71,663 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $13.83 | holding | — | — | — | — | Sep 30, 2023 | Common Stock | 25,000 | 25,000 | 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.
- F3The stock option vests 20% annually, beginning on the one year anniversary of the grant date.