Sweetman Charles H 4

Accession 0001209191-17-057792

CIK 0001543643other

Filed

Oct 22, 8:00 PM ET

Accepted

Oct 23, 6:28 PM ET

Size

24.9 KB

Accession

0001209191-17-057792

Form 4

Period: 2017-10-20

Director

Transactions

Disposition to Issuer
Common Stock
2017-10-20−22,100→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2017-10-20−1,500→ 0 total(indirect: Judith Sweetman as Custodian under CUTMA for Drake W. Radmacher)
Disposition to Issuer
Common Stock
2017-10-20−1,500→ 0 total(indirect: Judith Sweetman as Custodian under CUTMA for Ivy K. Radmacher)
Disposition to Issuer
Common Stock
2017-10-20−1,100→ 0 total(indirect: Judith Sweetman as Custodian under CUTMA for Marcus Oliver Kosma)
Disposition to Issuer
Common Stock
2017-10-20−3,400→ 0 total(indirect: Charles H. Sweetman as Custodian under CUTMA for Kaylee J. Sweetman)
Disposition to Issuer
Common Stock
2017-10-20−2,900→ 0 total(indirect: Charles H. Sweetman as Custodian under CUTMA for Patrick C. Roche)
Disposition to Issuer
Common Stock
2017-10-20−25,370→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2017-10-20−2,000→ 0 total(indirect: By LLC)
Disposition to Issuer
Common Stock
2017-10-20−2,900→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2017-10-20−1,000→ 0 total(indirect: By Trust)
Disposition to Issuer
Common Stock
2017-10-20−1,000→ 0 total(indirect: Charles H. Sweetman as Custodian under CUTMA for Emily K. Roche)
Disposition to Issuer
Common Stock
2017-10-20−1,100→ 0 total(indirect: Judith Sweetman as Custodian under CUTMA for Zachary A. Kosma)

Footnotes (2)

[F1]On October 20, 2017, pursuant to the Agreement and Plan of Merger, dated as of April 5, 2017, by and between PacWest Bancorp ("PacWest") and CU Bancorp ("CUB"), CUB merged with and into PacWest ("Merger"), and each outstanding CUB common share, other than excluded shares and dissenting shares, was converted into the right to receive (i) $12.00 in cash and (ii) 0.5308 of a share of PacWest common stock, with cash payable in lieu of a fractional share in an amount equal to the fraction of a share of PacWest common stock which the holder would otherwise be entitled to receive multiplied by $48.9248. In connection with the Merger, the reporting person has the right to receive, in exchange for all of the CUB common shares reported in Table I, an aggregate of 34,963 shares of PacWest common stock and $790,440 in cash, with cash payable in lieu of a fractional share of PacWest common stock, subject to any required tax withholding under applicable law. [Continued in FN2]
[F2][Continued from FN1] On October 20, 2017, the effective date of the Merger, the closing price of PacWest common stock was $47.99 per share.

Documents

1 file

CU Bancorp

CIK 0001543643

Entity typeother