SEC Form 4 · accession 0001387131-17-000065
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A. Novelly
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 4, 2017 · 4:36 pm EST
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 | Jan 3, 2017 | M | 5,000 | $29.98 | A | 5,000 | D | |
| Class A Common Stock, par value $.001 per shareF1 | Jan 3, 2017 | G | 5,000 | $0.00 | D | 0 | D | |
| Class A Common Stock, par value $.001 per shareF1 | Jan 3, 2017 | G | 5,000 | $0.00 | A | 190,000 | I | Through Paul A. Novelly Living Trust |
| Class A Common Stock, par value $.001 per shareF2 | holding | — | — | — | 950,000 | I | By St. Albans Global Management Limited Partnership, LLLP |
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 | $29.98 | Jan 3, 2017 | M | 5,000 | D | — | Feb 23, 2026 | Class A Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1On January 3, 2017, Mr. Novelly transferred 5,000 directly owned shares of Class A Common Stock to the Paul A. Novelly Living Trust, of which Mr. Novelly is the settlor and serves as the sole trustee.
- F2Shares of Class A Common Stock owned by St. Albans Global Management Limited Partnership, LLLP, ("SAGM"), which Mr. Novelly may be deemed to beneficially own by reason of his position as chief executive officer of, and his minor pecuniary interest in, SAGM. Mr. Novelly disclaims beneficial ownership of any shares held by SAGM except to the extent of his minor pecuniary interest.
- F3These options were granted on February 23, 2016 and vest on each of April 1, 2016, July 1, 2016, October 1, 2016 and January 1, 2017 in equal installments.