4//SEC Filing
Walker Michael R. 4
Accession 0001225208-12-007684
CIK 0000357264other
Filed
Mar 14, 8:00 PM ET
Accepted
Mar 15, 4:35 PM ET
Size
8.8 KB
Accession
0001225208-12-007684
Insider Transaction Report
Form 4
Walker Michael R.
Chief Lending Officer
Transactions
- Award
Performance Stock Option
2011-07-01$31.46/sh+3,222$101,364→ 3,222 totalFrom: 2013-07-01Exp: 2014-07-01→ Common stock (3,222 underlying) - Award
Restricted Stock Unit
2011-07-01$31.46/sh+4,874$153,336→ 4,874 totalFrom: 2013-07-01Exp: 2014-07-01→ Common stock (4,874 underlying)
Holdings
- 1,740
Common stock
Footnotes (2)
- [F1]On July 1, 2011, the reporting person was granted an option to purchase shares of common stock. The option was subject to vesting based on the satisfaction by Pacific Capital Bancorp of certain performance criteria for the year ending December 31, 2011. The Compensation Oversight Committee of the Board of Directors determined on March 13, 2012 that such performance criteria were satisfied. The option will now vest in two equal installments, with fifty percent (50%) vesting on July 1, 2013 and fifty percent (50%) vesting on July 1, 2014.
- [F2]On July 1, 2011, the reporting person was granted restricted stock units. Each restricted stock unit represents the contingent right to receive one share of Pacific Capital Bancorp common stock. The restricted stock units were subject to vesting based on the satisfaction by Pacific Capital Bancorp of certain performance criteria for the year ending December 31, 2011. The Compensation Oversight Committee of the Board of Directors determined on March 13, 2012 that such performance criteria were satisfied. The restricted stock units will now vest in two equal installments, with fifty percent (50%) vesting on July 1, 2013 and fifty percent (50%) vesting on July 1, 2014.
Documents
Issuer
PACIFIC CAPITAL BANCORP /CA/
CIK 0000357264
Entity typeother
Related Parties
1- filerCIK 0001509994
Filing Metadata
- Form type
- 4
- Filed
- Mar 14, 8:00 PM ET
- Accepted
- Mar 15, 4:35 PM ET
- Size
- 8.8 KB