Sotoodeh John K 4
4 · BANC OF CALIFORNIA, INC. · Filed Feb 27, 2023
Insider Transaction Report
Form 4
Sotoodeh John K
Chief Operating Officer
Transactions
- Award
Common Stock
2023-02-23+8,179→ 39,011 total
Holdings
- 62,502
Performance Stock Units
Exp: 2026-06-06→ Common Stock (62,502 underlying)
Footnotes (2)
- [F1]Represents grant of restricted stock units. Shares will be issued upon vesting and will vest annually, in substantially equal installments over a three-year period, beginning on February 23, 2024.
- [F2]Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant.