SEC Form 4 · accession 0001721139-17-000004
Luther Burbank Corp · LBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tammy Mahoney
Officer — EVP, Chief Risk Officer
Period of report
Dec 12, 2017
Accepted (ET)
Dec 12, 2017 · 2:01 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 | 1,628 | $10.75 | A | 1,628 | I | By Self as Trustee Tammy J Mahoney Rev TR U/A DTD 4/1/2011 |
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. Mahoney as Trustee Tammy J Mahoney Rev Tr U/A DTD 4/1/2011. Ms. Mahoney possesses the voting and investment power with respect to the shares of Common Stock held by the trust.