SEC Form 4 · accession 0001721147-17-000005
Luther Burbank Corp · LBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Liana Prieto
Officer — EVP, General Counsel
Period of report
Dec 12, 2017
Accepted (ET)
Dec 12, 2017 · 2:04 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 | 1,535 | $10.75 | A | 1,535 | I | By LRP 1025 LLC |
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 LRP 1025 LLC. Ms. Prieto possesses the voting and investment power with respect to the shares of Common Stock held by LRP 1025 LLC.