4//SEC Filing
Schnel Jonah 4
Accession 0001415889-20-001246
CIK 0001169770other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 5:45 PM ET
Size
10.8 KB
Accession
0001415889-20-001246
Insider Transaction Report
Form 4
Schnel Jonah
Director
Transactions
- Award
Common Stock
2020-05-14+8,676→ 63,582 total
Holdings
- 2,808
Stock Option
Exercise: $13.75Exp: 2025-07-01→ Common Stock (2,808 underlying) - 918
Stock Option
Exercise: $10.90Exp: 2024-07-01→ Common Stock (918 underlying) - 918
Stock Option
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)
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for his service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on the one-year anniversary of the grant date.
- [F2]Reflects the automatic cash out of fractional shares previously held by the Reporting Person.
- [F3]Options will vest annually in substantially 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 and July 1, 2015 (the "Option Agreements"), in the event the Reporting Person is subject to a Qualified Termination of Service (as defined in the Option Agreements), this award will automatically become fully vested.
Documents
Issuer
BANC OF CALIFORNIA, INC.
CIK 0001169770
Entity typeother
Related Parties
1- filerCIK 0001390121
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 5:45 PM ET
- Size
- 10.8 KB