SEC FORM 4

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^*

Wolman Anita

(Last)

(First)

(Middle)

C/O CU BANCORP 15821 VENTURA BLVD.

SUITE 100

(Street)

ENCINO

91436

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CU Bancorp [ CUNB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP and General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2012

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock-Restricted	08/14/2012		A		5,000⁽¹⁾	A	$11.75	15,150⁽²⁾	D
Common Stock								15,942⁽²⁾	D
Common Stock								5,200⁽²⁾	I	By Spouse in Retirement Plans

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option to Purchase Common Stock	$10							05/17/2006⁽³⁾	05/16/2015	Common Stock	52,500		52,500⁽²⁾	D
Option to Purchase Common Stock	$22							04/26/2007⁽⁴⁾	04/25/2016	Common Stock	5,000		5,000⁽²⁾	D
Option to Purchase Common Stock	$7.8							01/27/2010⁽⁵⁾	01/27/2015	Common Stock	7,000		7,000⁽²⁾	D

Explanation of Responses:

1. 5,000 restricted shares of common stock were granted to the reporting person on August 14, 2012. The closing price per share of the issuer's stock as of that date was $11.75 per share. The restricted stock shares are subject to time-based vesting pursuant to which 1,250 shares will vest on each of August 14, 2013, 2014, 2015 and 2016.

2. The shares of CU Bancorp common stock and options to purchase common stock were received pursuant to the Agreement and Plan of Merger between CU Bancorp, California United Bank, Premier Commercial Bancorp and Premier Commercial Bank, N.A. dated December 8, 2011, in exchange for shares and options for shares of California United Bank common stock, as described in greater detail in the Form S-4 originally filed on April 13, 2012, effective June 20, 2012 (File # 333-180739).

3. Stock options were granted to the reporting person on May 17, 2005. The options vested in four equal annual installments on each of May 17, 2006, 2007, 2008 and 2009, and as of the filing date are fully vested.

4. Stock options were granted to the reporting person on April 26, 2006. The options vested in four equal annual installments on each of April 26, 2007, 2008, 2009 and 2010, and as of the filling date are fully vested.

5. Stock options were granted to the reporting person on January 27, 2009. The options will vest in four equal annual installments on each of January 27, 2010, 2011, 2012 and 2013.

	/s/ Anita Wolman	08/15/2012
	** 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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