4//SEC Filing
DENNEN ROBERT J 4
Accession 0001181431-12-049951
CIK 0001543643other
Filed
Sep 10, 8:00 PM ET
Accepted
Sep 11, 6:59 PM ET
Size
14.4 KB
Accession
0001181431-12-049951
Insider Transaction Report
Form 4
CU BancorpCUNB
DENNEN ROBERT J
SVP, Chief Accounting Officer
Transactions
- Award
Common Stock
2012-09-07$11.55/sh+3,000$34,650→ 6,288 total
Holdings
- 2,500(indirect: As Executor of the Macel Dennen Estate)
Common Stock
- 41,212(indirect: By IRA)
Common Stock
- 6,000(indirect: 529 Plan)
Common Stock
- 44,063
Options to Purchase Common Stock
Exercise: $22.00From: 2007-04-26Exp: 2016-04-25→ Common Stock (5,000 underlying) - 5,000(indirect: By Trust)
Common Stock
- 1,000(indirect: See Footnote)
Common Stock
- 39,063
Options to Purchase Common Stock
Exercise: $10.00From: 2006-05-17Exp: 2015-05-16→ Common Stock (39,063 underlying) - 49,063
Options to Purchase Common Stock
Exercise: $7.80From: 2010-01-27Exp: 2015-01-27→ Common Stock (5,000 underlying)
Footnotes (7)
- [F1]3,000 restricted shares of common stock were granted to the reporting person on September 7, 2012. The closing price per share of the issuer's stock as of that date was $11.55 per share. The restricted stock shares are subject to time-based vesting pursuant to which 750 shares will vest on each of September 7, 2013, 2014, 2015 and 2016.
- [F2]Includes previously reported 1,450 shares of restricted stock, 1,050 of which will vest in equal amounts on each of April 27, 2013, 2014 and 2015 and 400 of which will vest on May 21, 2013. These shares of CU Bancorp common stock were received pursuant to the Agreement and Plan of Merger between CU Bancorp, California United Bank, Premier Commercial Bancorp and Premier Commercial Bank, N.A. dated December 8, 2011, in exchange for shares of California United Bank common stock as described in greater detail in the Form S-4 originally filed on April 13, 2012 effective June 20, 2012 (File # 333-180739).
- [F3]The shares of CU Bancorp common stock and options to purchase shares of common stock were received pursuant to the Agreement and Plan of Merger between CU Bancorp, California United Bank, Premier Commercial Bancorp and Premier Commercial bank, N.A. dated December 8, 2011, in exchange for shares and options for shares of California United Bank common stock, as described in greater detail in the Form S-4 originally filed on April 13, 2012, effective June 20, 2012 (File # 333-180739).
- [F4]These shares are held by Mitchell Dennen. Mitchell Dennen is the adult son of the reporting person and shares the same household as the reporting person.
- [F5]Stock options were granted to the reporting person on May 17, 2005. The options vested in four equal annual installments on each of May 17, 2006, 2007, 2008 and 2009, and as of the filling date are fully vested.
- [F6]Stock options were granted to the reporting person on April 26, 2006. The options vested in four equal annual installments on each of April 26, 2007, 2008, 2009 and 2010, and as of the filling date are fully vested.
- [F7]Stock options were granted to the reporting person on January 27, 2009. The options will vest in four equal annual installments on each of January 27, 2010, 2011, 2012 and 2013.
Documents
Issuer
CU Bancorp
CIK 0001543643
Entity typeother
Related Parties
1- filerCIK 0001212406
Filing Metadata
- Form type
- 4
- Filed
- Sep 10, 8:00 PM ET
- Accepted
- Sep 11, 6:59 PM ET
- Size
- 14.4 KB