C. WILLIAM HOSLER - 03 Feb 2023 Form 4 Insider Report for PACWEST BANCORP (PACW)

Role: Director
Signature: /s/ Angela M.W. Kelley, Attorney-in-Fact
Issuer symbol: PACW
Transactions as of: 03 Feb 2023
Transactions value $: $99,300
Form type: 4
Filing time: 07 Feb 2023, 18:25:28 UTC
Previous filing: 13 May 2022
Next filing: 13 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PACW	Depositary Shares of Series A Preferred Stock	Purchase	$99,300	+3,750		$26.48	3,750	03 Feb 2023	Direct	F1, F2
holding	PACW	Common Stock						54,720	03 Feb 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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").
F2	The price reported in Column 4 is a weighted average price. These Depositary Shares of Series A Preferred Stock were purchased in multiple transactions at prices ranging from $26.47 to $26.48, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Depositary Shares of Series A Preferred Stock purchased at each separate price within the range set forth in footnote (2) to this Form 4.

Content

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").

The price reported in Column 4 is a weighted average price. These Depositary Shares of Series A Preferred Stock were purchased in multiple transactions at prices ranging from $26.47 to $26.48, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Depositary Shares of Series A Preferred Stock purchased at each separate price within the range set forth in footnote (2) to this Form 4.