SEC Form 4 · accession 0001721122-17-000004
Luther Burbank Corp · LBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Tarantino
Officer — EVP, Chief Financial Officer
Period of report
Dec 12, 2017
Accepted (ET)
Dec 12, 2017 · 1:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001475348
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Dec 12, 2017 | P | 4,651 | $10.75 | A | 4,651 | I | By Self as Trustee of the Tarantino Rv Lvg Tr Dtd 10/15/04. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Common Stock of Luther Burbank Corporation purchased through a directed share program in connection with the initial public offering of the Common Stock (the "IPO"), which closed on December 12, 2017.
- F2The shares are subject to a lock up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the IPO.
- F3Shares of Common Stock are held through by Ms. Tarantino as Trustee of the Tarantino Rev Lvg Tr dated 10/15/04. Ms. Tarantino possesses the voting and investment power with respect to the shares of Common Stock held by the trust.