4//SEC Filing
Volk David J. 4
Accession 0001562180-24-006168
CIK 0001795815other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 9:45 PM ET
Size
10.2 KB
Accession
0001562180-24-006168
Insider Transaction Report
Form 4
Volk David J.
Director
Transactions
- Award
Common Stock
2024-08-08+3,146→ 2,346,104 total(indirect: see footnote 3)
Holdings
- 1,195
Common Stock
- 10,000
Stock Options
Exercise: $9.67From: 2022-03-15Exp: 2027-03-15→ Common Stock (10,000 underlying) - 7,500
Stock Options
Exercise: $12.96From: 2024-02-20Exp: 2029-02-20→ Common Stock (7,500 underlying)
Footnotes (5)
- [F1]These restricted stock units, each of which represents the right to receive one share of common stock of 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 California BanCorp, Inc. and will become fully vested on May 30, 2025.
- [F2]This amount has been reduced by 3,097 shares to reflect the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration.
- [F3]Includes 5,385 shares of unvested 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 and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F4]Includes shares were received by the reporting person from Advisors IV in the pro-rata, in-kind distributions of shares of Common Stock effected by Advisors IV to its members, for no additional consideration, in transactions exempt from Section 16 pursuant to Rule 16a-9.
- [F5]These options are fully vested.
Documents
Issuer
California BanCorp \ CA
CIK 0001795815
Entity typeother
Related Parties
1- filerCIK 0001733127
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 9:45 PM ET
- Size
- 10.2 KB