Volk David J. 4
4 · Southern California Bancorp \ CA · Filed Feb 5, 2024
Insider Transaction Report
Form 4
Volk David J.
Director
Transactions
- Award
Common Stock
2024-02-01+2,239→ 2,348,588 total(indirect: By LLC)
Holdings
- 7,500
Stock Options
Exercise: $12.96Exp: 2029-02-20→ Common Stock (7,500 underlying) - 628
Common Stock
- 10,000
Stock Options
Exercise: $9.67From: 2022-03-15Exp: 2027-03-15→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]These restricted stock units, each of which represents the right to receive one share of common stock of Southern California Bancorp, Inc. (Common Stock), were issued to Castle Creek Advisors IV LLC (Advisors IV), on behalf of David Volk in his capacity as a member of the Board of Directors of Southern California Bancorp, Inc., on February 1, 2024 and will become fully vested on January 4, 2025.
- [F2]Includes 3,097 shares of Common Stock and 2,239 RSUs held by Advisors IV and 2,340,719 shares of Common Stock held by Castle Creek Capital Partners VI LP. Mr. Volk, a managing principal of Castle Creek, disclaims beneficial ownership of such shares held by Advisors IV and Castle Creek Capital Partners VI LP, except to the extent of his pecuniary interest therein.
- [F3]Includes stock options that were granted to the Reporting Person on February 20, 2019, of which 1,500 shares remain to be vested, and will vest on February 20, 2024.
- [F4]These options are fully vested.