Benett Halle J. 4
4 · BANC OF CALIFORNIA, INC. · Filed Jul 18, 2017
Insider Transaction Report
Form 4
Benett Halle J.
Director
Transactions
- Award
Common Stock
2017-07-14+4,988→ 26,510.35 total
Holdings
- 918
Stock Option
Exercise: $10.90Exp: 2024-07-01→ Common Stock (918 underlying) - 918
Stock Options
Exercise: $10.90Exp: 2024-07-01→ Common Stock (918 underlying) - 2,808
Stock Option
Exercise: $13.75Exp: 2025-07-01→ Common Stock (2,808 underlying) - 2,808
Stock Option
Exercise: $13.75Exp: 2025-07-01→ Common Stock (2,808 underlying)
Footnotes (2)
- [F1]Represents restricted stock units issued to the Reporting Person as consideration for his service on the Issuer's Board of Directors. The awards will automatically vest in full on July 1, 2018, subject to earlier vesting if certain conditions are met.
- [F2]Options will vest annually in equal installments over a five year period beginning on the one year anniversary of the grant date. In accordance with the Non-Qualified Stock Option Agreement, by and between the Reporting Person and the Issuer, dated July 1, 2014 (the "Option Agreement"), in the event the Reporting Person is subject to a Qualified Termination of Service (as defined in the Option Agreement), this award will automatically become fully vested.