SEC Form 4 · accession 0001209191-17-008977
CU Bancorp · CUNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Brian Horton
Officer — President · Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 11:48 am 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,F2 | Feb 7, 2017 | A | 4,315 | $0.00 | A | 67,356 | D | |
| Common Stock | holding | — | — | — | 70,444 | I | By K Brian Horton, Trustee of the K Brian Horton Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F14,315 restricted shares of common stock were granted to the Reporting Person on February 7, 2017, pursuant to the 2016 Management Incentive Plan developed under and pursuant to the 2007 Equity and Incentive Plan, as amended and restated July 31, 2014. The restricted stock award vests 50% on the second Tuesday in December 2017 (i.e., December 12, 2017), and the remaining 50% on the second Tuesday in December 2018 (i.e., December 11, 2018).
- 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.