Home/Filings/4/0001415889-18-000358
4//SEC Filing

Grosvenor John C. 4

Accession 0001415889-18-000358

CIK 0001169770other

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 5:29 PM ET

Size

7.6 KB

Accession

0001415889-18-000358

Insider Transaction Report

Form 4
Period: 2018-03-08
Grosvenor John C.
EVP and General Counsel
Transactions
  • Award

    Common Stock

    2018-03-08+5,93866,836.427 total
  • Award

    Stock Option

    2018-03-08+12,00012,000 total
    Exercise: $13.29From: 2017-04-01Exp: 2025-05-15Common Stock (12,000 underlying)
Footnotes (2)
  • [F1]Represents issuance of restricted stock units (RSUs) which convert into common stock on a one-for-one basis. These RSUs were initially granted on April 14, 2017, but are now being issued to the Reporting Person due to satisfaction of a performance gate criterion. The RSUs are scheduled to vest annually, in substantially equal installments, over a four-year period beginning on April 14, 2018.
  • [F2]On May 15, 2015, the Reporting Person was granted an option to purchase 60,000 shares of common stock. The option vests in five substantially equal installments, based on the satisfaction of certain performance-based criteria for each of the fiscal years ending December 31, 2015, 2016, 2017, 2018 and 2019. The performance criteria for 2017 were met, resulting in vesting of the option as to 12,000 shares.

Issuer

BANC OF CALIFORNIA, INC.

CIK 0001169770

Entity typeother

Related Parties

1
  • filerCIK 0001556991

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:29 PM ET
Size
7.6 KB