4//SEC Filing
Sahakian Edmond Russell 4
Accession 0001181431-11-041948
CIK 0001370291other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 7:00 PM ET
Size
5.5 KB
Accession
0001181431-11-041948
Insider Transaction Report
Form 4
Sahakian Edmond Russell
Senior Vice President
Transactions
- Purchase
Common Stock, $0.01 par value
2011-07-20$3.75/sh+100,000$375,000→ 104,550 total
Footnotes (2)
- [F1]100,000 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. 50% of the restricted stock shares (50,000 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 50% (50,000 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.
- [F2]Includes previously reported 4,200 shares of restricted stock granted on February 25, 2009 that will vest in equal installments on each of February 25, 2010, 2011, 2012, 2013 and 2014.
Documents
Issuer
First California Financial Group, Inc.
CIK 0001370291
Entity typeother
Related Parties
1- filerCIK 0001429681
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 7:00 PM ET
- Size
- 5.5 KB