Tower Frank 4
4 · PACWEST BANCORP · Filed Feb 14, 2020
Insider Transaction Report
Form 4
PACWEST BANCORPPACW
Tower Frank
EVP, Banking
Transactions
- Award
Common Stock
2020-02-12+9,356→ 54,909 total - Award
Common Stock
2020-02-12+6,216→ 61,125 total
Footnotes (2)
- [F1]On February 12, 2020, Reporting Person was granted a restricted stock award ("RSA") of 9,356 shares of Issuer's common stock. This RSA will vest ratably over a four (4) year term.
- [F2]On February 15, 2017, 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 12, 2020, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 6,216 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 28, 2020 subject to Reporting Person's satisfaction of the employment condition.