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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| CORSINI BRYAN M C/O BANC OF CALIFORNIA, INC. 3 MACARTHUR PLACE SANTA ANA, CA 92707 |
CHIEF CREDIT OFFICER | |||
| /s/ Ido Dotan, Attorney-in-Fact for Bryan M Corsini | 05/01/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Includes restricted stock awards of 10,364 shares of Issuer's common stock acquired from the conversion of PacWest Bancorp ("PACW") restricted stock awards ("PACW RSAs") pursuant to the merger agreement between the Issuer and PACW. Pursuant to the terms of the merger agreement, PACW RSAs were assumed by Issuer and converted into the right to receive the merger consideration in respect of each share of PACW common stock, subject to such restricted stock awards immediately following the effective time of the merger being subject to the same terms and conditions as applicable under the PACW RSAs (including vesting terms), with any fractional shares rounded to the nearest whole share of Issuer's common stock. |
| (2) | Includes 19,285 restricted stock units granted to the Reporting Person on February 27, 2024, which will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period, beginning on February 27, 2025. |