Monica L. Sparks - 23 May 2024 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
CHIEF ACCOUNTING OFFICER
Signature
/s/ Ido Dotan, Attorney-in-Fact for Monica L Sparks
Issuer symbol
BANC
Transactions as of
23 May 2024
Net transactions value
$0
Form type
4
Filing time
28 May 2024, 16:37:29 UTC
Previous filing
01 Mar 2024
SEC
View on sec.gov

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 Perfornance Stock Units Award $0 +67,613 $0.000000 67,613 23 May 2024 Common Stock 67,613 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 trading-day Volume-Weighted Average Price of $28.73 per share within four years from the date of grant and (b) the Reporting Person's continued service through the fourth anniversary of the grant.