Stefani Alexander L 4
4 · Luther Burbank Corp · Filed Feb 21, 2024
Insider Transaction Report
Form 4
Stefani Alexander L
Director of IPL
Transactions
- Tax Payment
Common Stock
2024-02-20$9.61/sh−1,395$13,406→ 46,940 total
Footnotes (1)
- [F1]Reflects payment of tax liability by withholding shares of stock incident to accelerated vesting of restricted stock or the release of restricted stock units previously issued. The accelerated vesting or the release of stock was in connection with the Agreement and Plan of Reorganization between the Issuer and WaFd, Inc. ("WaFd", f/k/a Washington Federal, Inc.), dated November 13, 2022, as amended, pursuant to which the Issuer plans to merge with and into WaFd on or about February 29, 2024.