Home/Filings/4/0001562180-22-004061
4//SEC Filing

Schnel Jonah 4

Accession 0001562180-22-004061

CIK 0001169770other

Filed

May 15, 8:00 PM ET

Accepted

May 16, 6:24 PM ET

Size

11.9 KB

Accession

0001562180-22-004061

Insider Transaction Report

Form 4
Period: 2022-05-12
Schnel Jonah
Director
Transactions
  • Award

    Common Stock

    2022-05-12+3,8377,826 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    500
  • Stock Options

    Exercise: $10.90Exp: 2024-07-01Common Stock (918 underlying)
    918
  • Common Stock

    (indirect: By Trust)
    63,582
  • Stock Option

    Exercise: $13.75Exp: 2025-07-01Common Stock (2,808 underlying)
    2,808
  • Stock Option

    Exercise: $13.75Exp: 2025-07-01Common Stock (2,808 underlying)
    2,808
  • Stock Option

    Exercise: $10.90Exp: 2024-07-01Common Stock (918 underlying)
    918
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]Amount reported consists of shares previously transferred by the Reporting Person into the Schnel Family Trust.
  • [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.

Issuer

BANC OF CALIFORNIA, INC.

CIK 0001169770

Entity typeother

Related Parties

1
  • filerCIK 0001390121

Filing Metadata

Form type
4
Filed
May 15, 8:00 PM ET
Accepted
May 16, 6:24 PM ET
Size
11.9 KB