SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
NOVELLY PAUL A.

(Last) (First) (Middle)
200 W. COCONUT PALM ROAD

(Street)
BOCA RATON FL 33432

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FCB FINANCIAL HOLDINGS, INC. [ FCB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2016
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock, par value $.001 per share 08/25/2016 M 50,000 A $21 50,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 50,000 A $21 100,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 50,000 A $20.62 150,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 10,000 A $19.25 160,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 10,000 A $19.75 170,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 10,000 A $23.97 180,000 D
Class A Common Stock, par value $.001 per share 08/25/2016 M 5,000 A $29.98 185,000 D
Class A Common Stock, par value $.001 per share 08/25/2015 G V 185,000 D $0 0(1) D
Class A Common Stock, par value $.001 per share 08/25/2016 G V 185,000 A $0 185,000(1) I Through Paul A. Novelly Living Trust
Class A Common Stock, par value $.001 per share 950,000 I By St. Albans Global Management Limited Partnership, LLLP(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase $21 08/25/2016 M 50,000 01/25/2013 09/16/2020 Class A Common Stock 50,000 $0 0 D
Option to Purchase $21 08/25/2016 M 50,000 01/25/2013 01/10/2021 Class A Common Stock 50,000 $0 0 D
Option to Purchase $20.62 08/25/2016 M 50,000 01/25/2013 03/08/2022 Class A Common Stock 50,000 $0 0 D
Option to Purchase $19.25 08/25/2016 M 10,000 01/25/2013 01/17/2023 Class A Common Stock 10,000 $0 0 D
Option to Purchase $19.75 08/25/2016 M 10,000 (3) 02/05/2024 Class A Common Stock 10,000 $0 0 D
Option to Purchase $23.97 08/25/2016 M 10,000 (4) 02/10/2025 Class A Common Stock 10,000 $0 0 D
Option to Purchase $29.98 08/25/2016 M 5,000 (5) 02/23/2026 Class A Common Stock 5,000 $0 5,000 D
Explanation of Responses:
1. On August 25, 2016, Mr. Novelly transferred 185,000 directly owned shares of Class A Common Stock to the Paul A. Novelly Living Trust, of which Mr. Novelly is the settlor and serves as the sole trustee.
2. Shares of Class A Common Stock owned by St. Albans Global Management Limited Partnership, LLLP, ("SAGM"), which Mr. Novelly may be deemed to beneficially own by reason of his position as chief executive officer of, and his minor pecuniary interest in, SAGM. Mr. Novelly disclaims beneficial ownership of any shares held by SAGM except to the extent of his minor pecuniary interest.
3. These options were granted on February 5, 2014 and vested on each of March 31, 2014, June 30, 2014, September 30, 2014 and December 31, 2014 in equal installments.
4. These options were granted on February 10, 2015 and vested on each of April 1, 2015, July 1, 2015, October 1, 2015 and January 1, 2016 in equal installments.
5. These options were granted on February 23, 2016 and vest on each of April 1, 2016, July 1, 2016, October 1, 2016 and January 1, 2017 in equal installments.
/s/ Douglas Bates, as Attorney-in-Fact for Paul Anthony Novelly 08/29/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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