CU Bancorp 4
4 · CU Bancorp · Filed Mar 20, 2015
Insider Transaction Report
Form 4
CU BancorpCUNB
Transactions
- Award
Common Stock
2015-03-19+8,000→ 39,000 total
Holdings
- 5,200
Options to Purchase Common Stock
Exercise: $12.52Exp: 2015-10-27→ Common Stock (5,200 underlying)
Footnotes (3)
- [F1]8,000 restricted shares of common stock were granted to the Reporting Person on March 19, 2015. The closing price of the issuer's stock as of the date of the grant was $21.00. The restricted shares of common stock are subject to a time-based vesting pursuant to which 4,000 shares will vest on March 19, 2017 and 2,000 shares will vest on each of March 19, 2018 and 2019.
- [F2]Include shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant
- [F3]As of filing date, the stock option grant is 100% vested and immediately exercisable.