SEC Form 4 · accession 0001387131-16-005603
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart I Oran
Officer — Secretary · Director
Period of report
May 17, 2016
Accepted (ET)
May 18, 2016 · 4:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476651
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.001 per share | May 17, 2016 | M | 4,761 | $21.00 | A | 9,865 | D | |
| Class A Common Stock, par value $.001 per share | May 17, 2016 | M | 2,437 | $19.75 | A | 12,302 | D | |
| Class A Common Stock, par value $.001 per shareF1 | May 17, 2016 | S | 7,198 | $34.7794 | D | 5,104 | D | |
| Class A Common Stock, par value $.001 per shareF2 | holding | — | — | — | 315 | I | By Bond Street Management, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF3 | $21.00 | May 17, 2016 | M | 4,761 | D | — | Jan 10, 2021 | Class A Common Stock | 4,761 | 145,239 | D |
| Option to PurchaseF4 | $19.75 | May 17, 2016 | M | 2,437 | D | — | Feb 5, 2024 | Class A Common Stock | 2,437 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.705 to $34.85, inclusive. Mr. Oran undertakes to provide to FCB Financial Holdings, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2This includes 315 shares of Class A Common Stock beneficially owned by Mr. Oran through Bond Street Management, LLC.
- F3These options were granted on January 10, 2011 and were fully vested upon grant and first became exercisable on January 25, 2013.
- F4These options were granted on February 5, 2014 and vested on each of March 31, 2014, June 30, 2014, September 30, 2014 and December 31, 2014 in equal installments.