First California Financial Group, Inc. 4
4 · First California Financial Group, Inc. · Filed May 31, 2013
Insider Transaction Report
Form 4
SCHACK WILLIAM A
Sr. VP, Chief Credit Officer
Transactions
- Disposition to Issuer
Common Stock, $0.01 par value
2013-05-31−101,052→ 0 total - Disposition to Issuer
Option to Buy
2013-05-31−1,696→ 0 totalExercise: $4.93From: 2017-02-25Exp: 2017-02-25→ Common Stock (1,696 underlying) - Disposition to Issuer
Option to Buy
2013-05-31−2,000→ 0 totalExercise: $7.35From: 2017-06-12Exp: 2017-06-12→ Common Stock (2,000 underlying) - Disposition to Issuer
Option to Buy
2013-05-31−1,000→ 0 totalExercise: $6.75From: 2016-06-18Exp: 2016-06-18→ Common Stock (1,000 underlying)
Footnotes (2)
- [F1]Each share has been converted into the right to receive 0.2966 shares of PacWest Bancorp ("PacWest") common stock as specified in the Agreement and Plan of Merger, dated as of November 6, 2012, between PacWest and First California Financial Group, Inc. (the "Merger Agreement").
- [F2]Each outstanding option was cancelled and converted into the right to receive, subject to any required tax withholding, an amount of cash equal to the excess (if any) of $8.00 over the exercise price as specified in the Merger Agreement.