SEC Form 4 · accession 0001387131-17-004195
FCB FINANCIAL HOLDINGS, INC. · FCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent S Ellert
Officer — President & CEO · Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 14, 2017 · 5:06 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 | Aug 10, 2017 | M | 4,624 | $21.00 | A | 144,490 | D | |
| Class A Common Stock, par value $.001 per share | Aug 10, 2017 | M | 7,363 | $20.62 | A | 151,853 | D | |
| Class A Common Stock, par value $.001 per shareF2 | Aug 10, 2017 | S | 11,987 | $44.7697 | D | 139,866 | D | |
| Class A Common Stock, par value $.001 per share | Aug 11, 2017 | M | 10,706 | $20.62 | A | 150,572 | D | |
| Class A Common Stock, par value $.001 per shareF3 | Aug 11, 2017 | S | 10,706 | $43.6921 | D | 139,866 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF4 | $21.00 | Aug 10, 2017 | M | 4,624 | D | — | Jan 10, 2021 | Class A Common Stock | 4,624 | 0 | D |
| Option to PurchaseF5 | $20.62 | Aug 10, 2017 | M | 7,363 | D | — | Mar 8, 2022 | Class A Common Stock | 7,363 | 67,637 | D |
| Option to PurchaseF5 | $20.62 | Aug 11, 2017 | M | 10,706 | D | — | Mar 8, 2022 | Class A Common Stock | 10,706 | 56,931 | 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 June 13, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.25 to $45.35, 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 this 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 $43.35 to $44.35, 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 this footnote (3) to this Form 4.
- F4These options were granted on January 10, 2011 and vested over 3 years in equal annual installments beginning on the first anniversary of the grant date.
- F5These options were granted on March 8, 2012 and vest over 3 years in equal annual installments beginning on the first anniversary of the grant date.