Tower Frank 4
4 · PACWEST BANCORP · Filed Feb 8, 2019
Insider Transaction Report
Form 4
PACWEST BANCORPPACW
Tower Frank
EVP, Banking
Transactions
- Award
Common Stock
2019-02-06+8,801→ 41,359 total - Award
Common Stock
2019-02-06+9,493→ 50,852 total
Footnotes (2)
- [F1]On February 6, 2019, Reporting Person was granted a restricted stock award ("RSA") of 8,801 shares of Issuer's common stock. This RSA will vest ratably over a four (4) year term.
- [F2]On February 10, 2016, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 6, 2019, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 9,493 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 10, 2019 subject to Reporting Person's satisfaction of the employment condition.