BANC OF CALIFORNIA, INC. 4
4 · BANC OF CALIFORNIA, INC. · Filed Dec 9, 2014
Insider Transaction Report
Form 4
Herrin Richard
Other
Transactions
- Disposition to Issuer
Common Stock
2014-12-06−7,873→ 11,906.78 total
Holdings
- 40,000
Stock Option (Right to Purchase)
Exercise: $11.60Exp: 2015-12-06→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]As a result of the expiration of the employment agreement between the Reporting Person and the Issuer on December 6, 2014, the Reporting Person forfeited all unvested shares of restricted stock and all stock options held by the Reporting Person will now expire on December 6, 2015.
- [F2]The shares vested in one-third, annual increments beginning November 17, 2011 and became fully vested on November 17, 2013.