4//SEC Filing
BANC OF CALIFORNIA, INC. 4
Accession 0001415889-16-006672
$BANCCIK 0001169770operating
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 6:51 PM ET
Size
10.3 KB
Accession
0001415889-16-006672
Insider Transaction Report
Form 4
Seabold Jeffrey T
Director
Transactions
- Tax Payment
Common Stock
2016-08-01$22.18/sh−5,218$115,735→ 165,409 total
Holdings
- 80,000
Warrant to purchase Class B Non-Voting Common Stock
Exercise: $11.00→ Class B Non-Voting Common Stock (80,000 underlying) - 161,841
Class B Non-Voting Stock
- 16,713
Stock Option (Right to Purchase)
Exercise: $15.81From: 2012-06-27Exp: 2021-06-27→ Common Stock (16,713 underlying) - 100,000
Stock Option
Exercise: $13.10Exp: 2023-05-13→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- [F2]The exercise price of this warrant is subject to certain automatic adjustments in accordance with the terms of the warrant. Based on these automatic adjustments to the original $11.00 exercise price, it has been determined that the exercise price for these warrants was $8.84 per share as of June 30, 2016.
- [F3]Warrants became exercisable as follows: (i) 80,000 shares became exercisable on October 1, 2011. Shares are exercisable with respect to each vested tranche for five years after the tranche's vesting date.
- [F4]Options will vest according to the following schedule: 20% increments on each of May 13, 2014, 2015, 2016, 2017 and 2018.
Documents
Issuer
BANC OF CALIFORNIA, INC.
CIK 0001169770
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001169770
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 6:51 PM ET
- Size
- 10.3 KB