SEC Form 4 · accession 0001209191-15-080527
CU Bancorp · CUNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David C Holman
Director
Period of report
Nov 16, 2015
Accepted (ET)
Nov 17, 2015 · 2:41 pm EST
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 StockF1 | Nov 16, 2015 | M | 7,986 | $7.59 | A | 154,790 | D | |
| Common StockF1,F2 | Nov 16, 2015 | S | 7,986 | $26.25 | D | 146,804 | D |
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 StockF3 | $7.59 | Nov 16, 2015 | M | 7,986 | D | — | Jun 21, 2016 | Common Stock | 54,081 | 46,095 | D |
Explanation of responses
- F1Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurance of certain events specified in the restricted stock grant.
- F2This figure represents the weighted average sale price for all transactions, which are being aggregated and reported on a single line, as the transaction were all effectuated within a one dollar range, ranging from $26.25 to $26.27 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.
- F3As of filing date, the stock option grant is 100% vested and immediately exercisable.