SEC Form 4 · accession 0001387131-17-003135
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent Tese
Officer — Executive Chairman · Director
Period of report
Jun 2, 2017
Accepted (ET)
Jun 6, 2017 · 4:15 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 | Jun 2, 2017 | M | 5,835 | $19.75 | A | 394,634 | D | |
| Class A Common Stock, par value $.001 per shareF2 | Jun 2, 2017 | S | 5,835 | $47.1303 | D | 388,799 | D | |
| Class A Common Stock, par value $.001 per share | Jun 5, 2017 | M | 3,969 | $19.75 | A | 392,768 | D | |
| Class A Common Stock, par value $.001 per shareF3 | Jun 5, 2017 | S | 3,969 | $47.0957 | D | 388,799 | D | |
| Class A Common Stock, par value $.001 per shareF4 | holding | — | — | — | 1,995 | 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 PurchaseF5 | $19.75 | Jun 2, 2017 | M | 5,835 | D | — | Dec 23, 2023 | Class A Common Stock | 5,835 | 339,040 | D |
| Option to PurchaseF5 | $19.75 | Jun 5, 2017 | M | 3,969 | D | — | Dec 23, 2023 | Class A Common Stock | 3,969 | 335,071 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47 to $47.35, inclusive. The reporting person 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 (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47 to $47.25, inclusive. The reporting person undertakes to provide to 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 (3) to this Form 4.
- F4This includes 1,995 shares of Class A Common Stock beneficially owned by the reporting person through Bond Street Management, LLC.
- F5These options vested immediately upon issuance on December 23, 2013 and became exercisable in equal installments 6, 18 and 30 months following the Company's initial public offering.