C. WILLIAM HOSLER - 09 Mar 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
09 Mar 2023
Net transactions value
+$90,730
Form type
4
Filing time
13 Mar 2023, 09:54:06 UTC
Previous filing
07 Feb 2023
Next filing
04 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACW Common Stock Purchase $41,320 +2,000 +3.7% $20.66 56,720 09 Mar 2023 Direct
transaction PACW Depositary Shares of Series A Preferred Stock Purchase $49,410 +2,250 +60% $21.96 6,000 10 Mar 2023 Direct F1, F2
* 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 $21.93 to $21.99, 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.