Macaulay Donald W 4
4 · First California Financial Group, Inc. · Filed Jul 21, 2011
Insider Transaction Report
Form 4
Macaulay Donald W
EVP -Business Banking Div. Mgr
Transactions
- Purchase
Common Stock, $0.01 par value
2011-07-20$3.75/sh+50,000$187,500→ 60,000 total
Footnotes (1)
- [F1]50,000 restricted shares of common stock were granted to the reporting person on July 20, 2011. The closing price per share of the issuer's stock as of that date was $3.75 per share. 10,000 restricted stock shares are subject to time-based vesting and will vest in one-third increments on each of March 20, 2012, 2013 and 2014. The remaining 40,000 restricted stock shares are subject to performance-based vesting and will vest in one-third increments on each of March 20, 2012, 2013 and 2014 provided that certain performance measure are achieved with respect to the fiscal year ending immediately prior to the applicable vesting date. Failure to achieve the performance measures will result in forfeiture of the shares of restricted stock subject to the applicable vesting date.