PAUL W. TAYLOR - 01 Jul 2022 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role
PRESIDENT, Director
Signature
/s/ Paul W. Taylor
Issuer symbol
PACW
Transactions as of
01 Jul 2022
Transactions value $
$0
Form type
4
Filing time
06 Jul 2022, 16:30:41 UTC
Previous filing
08 Jun 2022
Next filing
10 Feb 2023
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 +59,773 +1,273% $0 64,468 01 Jul 2022 Direct F1
holding PACW Depositary Shares of Series A Preferred Stock 8,000 01 Jul 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 1, 2022, Reporting Person was granted a restricted stock award ("RSA") of 59,773 shares of Issuer's common stock. This RSA will vest in four equal annual installments, with the first vesting on February 28, 2023.
F2 Each Depositary Share represents a 1/40th interest in a share of 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock").