SEC Form 4 · accession 0001721135-18-000002
Luther Burbank Corp · LBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jose A Casillas
Officer — SVP,Director of Retail Banking
Period of report
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 4:13 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 | Jan 31, 2018 | A | 7,122 | $0.00 | A | 64,187 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person received a restricted stock award subject to a three-year vesting schedule, vesting 33.34% on January 1, 2019, 33.33% on January 1, 2020, and 33.33% on January 1, 2021. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock shares that have vested.