SEC Form 4 · accession 0001476651-18-000019

FCB FINANCIAL HOLDINGS, INC. · FCB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Les J Lieberman

Officer — Executive Vice Chairman · Director

Period of report

Jan 3, 2018

Accepted (ET)

Jan 5, 2018 · 4:32 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, 2018	M	12,907	$19.75	A	318,644	D
Class A Common Stock, par value $.001 per share^F2	Jan 3, 2018	S	12,907	$51.1925	D	305,737	D
Class A Common Stock, par value $.001 per share	Jan 4, 2018	M	6,515	$19.75	A	312,252	D
Class A Common Stock, par value $.001 per share^F3	Jan 4, 2018	S	6,515	$51.8658	D	305,737	D
Class A Common Stock, par value $.001 per share^F4	holding	—	—		—	89,079	I	By grantor retained annuity trust
Class A Common Stock, par value $.001 per share^F5	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 Purchase^F6	$19.75	Jan 3, 2018	M	12,907	D	—	Dec 23, 2023	Class A Common Stock	12,907	237,359	D
Option to Purchase^F6	$19.75	Jan 4, 2018	M	6,515	D	—	Dec 23, 2023	Class A Common Stock	6,515	230,844	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 December 12, 2017.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.75 to $51.55, 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 $51.55 to $52.30, 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.
F4This includes shares contributed by the reporting person to a grantor retained annuity trust for the benefit of himself and his three children. As the reporting person is not the trustee of the grantor retained annuity trust, the reporting person disclaims beneficial ownership of the securities held by such grantor retained annuity trust.
F5This includes 1,995 shares of Class A Common Stock beneficially owned by the reporting person through Bond Street Management, LLC.
F6These 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.