Paul R. Burke - 02 May 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
02 May 2023
Transactions value $
$0
Form type
4
Filing time
04 May 2023, 17:37:36 UTC
Previous filing
13 Mar 2023
Next filing
30 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PACW Common Stock Award $0 +14,656 +34% $0 58,118 02 May 2023 Direct
transaction PACW Common Stock Award $0 +10,345 +18% $0 68,463 02 May 2023 Direct F1
holding PACW Common Stock 1,500 02 May 2023 By MSB Trust
holding PACW Common Stock 1,000 02 May 2023 By IRA
holding PACW Depository Shares of Series A Preferred Stock 1,000 02 May 2023 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 2, 2023, upon Reporting Person's election, Reporting Person was granted a restricted stock award ("RSA") of 10,345 shares of Issuer's common stock in lieu of quarterly cash Board and supplemental retainers for the current one-year term. This RSA will vest in four substantially equal installments on the date of grant and on the three-month, six-month, and nine-month anniversaries of the last day of the month in which the RSA was granted.