SEC Form 4 · accession 0001415889-16-007288
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey T Seabold
Officer — EXECUTIVE VICE PRESIDENT
Period of report
Oct 13, 2016
Accepted (ET)
Oct 17, 2016 · 8:36 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 Stock | Oct 13, 2016 | A | 8,601 | $0.00 | A | 174,010 | D | |
| Class B Non-Voting Stock | holding | — | — | — | 201,992 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Purchase) | $15.81 | holding | — | — | — | Jun 27, 2012 | Jun 27, 2021 | Common Stock | 16,713 | 16,713 | D |
| Stock OptionF2 | $13.10 | holding | — | — | — | — | May 13, 2023 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1This award was granted upon attainment of certain performance objectives under a performance unit agreement previously granted to the Reporting Person.
- F2Options will vest according to the following schedule: 20% increments on each of May 13, 2014, 2015, 2016, 2017 and 2018.