Greg L. Smith - 29 Jul 2022 Form 4 Insider Report for Luther Burbank Corp

Signature
/s/Dawn Alger, power of attorney for Greg L. Smith
Issuer symbol
N/A
Transactions as of
29 Jul 2022
Net transactions value
$0
Form type
4
Filing time
29 Jul 2022, 20:55:51 UTC
Previous filing
06 Jul 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LBC Common Stock Award $0 +11,373 $0.000000 11,373 29 Jul 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received a restricted stock award subject to a four-year vesting schedule, vesting 25% on January 1, 2023, 25% on January 1, 2024, 25% on January 1, 2025, and 25% on January 1, 2026. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock shares that have vested.