David J. Volk - 12 Oct 2023 Form 4 Insider Report for Southern California Bancorp \ CA (BCAL)

Role: Director
Signature: Manisha Merchant, by POA for David Volk
Issuer symbol: BCAL
Transactions as of: 12 Oct 2023
Transactions value $: $0
Form type: 4
Filing time: 13 Oct 2023, 20:32:23 UTC
Previous filing: 06 Oct 2023
Next filing: 01 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BCAL	Common Stock	Other	$0	-726	-73.56%	$0.00	261	12 Oct 2023	Direct	F1
transaction	BCAL	Common Stock	Award	$0	+726	+0.03%	$0.00	2.35M	12 Oct 2023	see footnote 2	F2

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

Explanation of Responses:

Id	Content
F1	2,178 restricted stock units ("RSUs"), each of which represents the right to receive one share of common stock of Southern California Bancorp ("Common Stock"), were issued to David Volk in his capacity as a member of the Board of Directors of Southern California Bancorp on January 18, 2023 and will become fully vested on January 03, 2024. 726 RSUs vested on July 3, 2023, all of which were transferred to Castle Creek Advisors IV ("Advisors IV") on October 12, 2023 and October 13, 2023.
F2	Includes 5,913 shares of Common Stock and 544 RSUs held by Advisors IV and 2,340,719 shares of Common Stock held by Castle Creek Capital Partners VI LP. Mr. Volk, a managing principal of Castle Creek, disclaims beneficial ownership of such shares held by Advisors IV and Castle Creek Capital Partners VI LP, except to the extent of his pecuniary interest therein.

Content

2,178 restricted stock units ("RSUs"), each of which represents the right to receive one share of common stock of Southern California Bancorp ("Common Stock"), were issued to David Volk in his capacity as a member of the Board of Directors of Southern California Bancorp on January 18, 2023 and will become fully vested on January 03, 2024. 726 RSUs vested on July 3, 2023, all of which were transferred to Castle Creek Advisors IV ("Advisors IV") on October 12, 2023 and October 13, 2023.

Includes 5,913 shares of Common Stock and 544 RSUs held by Advisors IV and 2,340,719 shares of Common Stock held by Castle Creek Capital Partners VI LP. Mr. Volk, a managing principal of Castle Creek, disclaims beneficial ownership of such shares held by Advisors IV and Castle Creek Capital Partners VI LP, except to the extent of his pecuniary interest therein.