SEC Form 4 · accession 0001415889-17-000997
BANC OF CALIFORNIA, INC. · BANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Francisco A. Turner
Officer — FORMER INTERIM CFO AND CSO
Period of report
Jun 12, 2017
Accepted (ET)
Jun 14, 2017 · 9:42 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 | Jun 12, 2017 | F | 1,128 | $22.60 | D | 107,749 | D | |
| Common Stock | Jun 12, 2017 | D | 81,631 | $0.00 | D | 26,118 | 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 | $17.50 | holding | — | — | — | Apr 1, 2017 | Apr 1, 2026 | Common Stock | 24,000 | 24,000 | D |
Explanation of responses
- F1Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of previously granted awards.
- F2Represents awards forfeited and returned to the Issuer as a result of the Reporting Person's resignation on June 12, 2017.