SEC Form 4 · accession 0001387131-16-006967
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
Sep 8, 2016
Accepted (ET)
Sep 12, 2016 · 5:13 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 | Sep 8, 2016 | M | 10,000 | $19.75 | A | 15,104 | D | |
| Class A Common Stock, par value $.001 per shareF1 | Sep 8, 2016 | S | 10,000 | $38.7365 | 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 | $19.75 | Sep 8, 2016 | M | 10,000 | D | — | Dec 23, 2023 | Class A Common Stock | 10,000 | 80,000 | 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 $38.685 to $38.79, 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 vested immediately upon issuance on December 23, 2013. The options first became exercisable in equal installments 6, 18 and 30 months following the Issuer's initial public offering.