SIMONE LAGOMARSINO - 02 Jan 2024 Form 4 Insider Report for Luther Burbank Corp (LBC)

Signature
/s/ Dawn Alger, power of attorney for Simone Lagomarsino
Issuer symbol
LBC
Transactions as of
02 Jan 2024
Net transactions value
-$257,211
Form type
4
Filing time
02 Jan 2024, 19:51:51 UTC
Previous filing
05 Jan 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBC Common Stock Tax liability $257,211 -24,016 -23% $10.71 81,215 02 Jan 2024 Direct F1
holding LBC Common Stock 173,828 02 Jan 2024 By Self as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock or restricted stock units previously issued.
F2 Shares of Common Stock are held by Ms. Lagomarsino as Trustee of the Allan and Lagomarsino Revocable Trust UAD 2/10/2017, as amended. Ms. Lagomarsino possesses the voting and investment power with respect to the shares of Common Stock held by the trust.