CHRISTOPHER D. BLAKE - 15 Feb 2022 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role
Pres. & CEO, Community Banking
Signature
/s/ Christopher Blake
Issuer symbol
PACW
Transactions as of
15 Feb 2022
Transactions value $
$0
Form type
4
Filing time
17 Feb 2022, 15:44:43 UTC
Previous filing
09 Nov 2021
Next filing
02 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACW Common Stock Award $0 +8.93K +15.58% $0.00 66.2K 15 Feb 2022 Direct F1
transaction PACW Common Stock Award $0 +5.39K +8.14% $0.00 71.6K 15 Feb 2022 Direct F2
holding PACW Common Stock 24.8K 15 Feb 2022 By Family Trust
holding PACW Common Stock 281 15 Feb 2022 By IRA
holding PACW Common Stock 222 15 Feb 2022 By Spouse's IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 15, 2022, Reporting Person was granted a restricted stock award ("RSA") of 8,927 shares of Issuer's common stock. This RSA will vest ratably over a four (4) year term.
F2 On February 6, 2019, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 15, 2022, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 5,389 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 28, 2022 subject to Reporting Person's satisfaction of the employment condition.