JARED M. WOLFF - 06 Jun 2022 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Ido Dotan, Attorney-in-Fact for Jared M Wolff
Issuer symbol: BANC
Transactions as of: 06 Jun 2022
Transactions value $: $0
Form type: 4
Filing time: 08 Jun 2022, 16:18:02 UTC
Previous filing: 29 Apr 2022
Next filing: 27 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BANC	Common Stock						201K	06 Jun 2022	Direct
holding	BANC	Common Stock						50.1K	06 Jun 2022	By the Wolff Family Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BANC	Performance Stock Units	Award	$0	+279K		$0.00	279K	06 Jun 2022	Common Stock	279K		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant.