SEC Form 4 · accession 0001209191-15-077121
CU Bancorp · CUNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anita Wolman
Officer — EVP and General Counsel
Period of report
Oct 27, 2015
Accepted (ET)
Oct 28, 2015 · 4:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001543643
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Oct 27, 2015 | M | 5,000 | $22.00 | A | 69,390 | D | |
| Common StockF3,F2 | Oct 27, 2015 | S | 5,000 | $24.39 | D | 64,390 | D | |
| Common Stock | holding | — | — | — | 5,200 | I | By Spouse in Retirement Plans |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF4 | $22.00 | Oct 27, 2015 | M | 5,000 | D | — | Apr 25, 2016 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 3, 2015.
- F2Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- F3This figure represents the weighted average sale price for all transactions, which are being aggregated and reported on a single line, as the transactions were all effectuated within a one dollar range, ranging from $24.22 to $24.65 per share. The Reporting Person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares purchased or sold at each separate price.
- F4As of filing date, the stock option grant is 100% vested and immediately exercisable.