SEC Form 4 · accession 0001721139-18-000002
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
Jan 31, 2018
Accepted (ET)
Feb 2, 2018 · 4:07 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 | 8,614 | $0.00 | A | 42,632 | D | |
| Common StockF2 | holding | — | — | — | 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
- 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.
- F2Shares of Common Stock are held 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.