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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
CU Bancorp [ CUNB ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/01/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | ||||||
Common Stock(1) | 11/01/2013 | M(2) | 31,744 | A | $10 | 65,455 | D | |||
Common Stock(1) | 11/01/2013 | M(2) | 7,000 | A | $7.8 | 72,455 | D | |||
Common Stock(1) | 11/01/2013 | S(2) | 26,675 | D | $18.5 | 45,780 | D | |||
Common Stock(1) | 11/01/2013 | S(2) | 1 | D | $18.525 | 45,779 | D | |||
Common Stock(1) | 11/01/2013 | S(2) | 13 | D | $18.54 | 45,766 | D | |||
Common Stock(1) | 11/01/2013 | S(2) | 38 | D | $18.545 | 45,728 | D | |||
Common Stock | 5,200 | I | By Spouse in Retirement Plans |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Options to Purchase Common Stock(3) | $10 | 11/01/2013 | M(2) | 31,744 | (3) | 05/16/2015 | Common Stock | 51,744 | $0 | 20,000 | D | ||||
Options to Purchase Common Stock(4) | $7.8 | 11/01/2013 | M | 7,000 | (4) | 01/27/2015 | Common Stock | 7,000 | $0 | 0 | D | ||||
Options to Purchase Common Stock(5) | $22 | (5) | 04/25/2016 | Common Stock | 5,000 | 5,000 | D |
Explanation of Responses: |
1. Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2013. |
3. 52,500 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 and exercisable. As of the date of this report, 32,500 stock options were exercised by the Reporting Person. |
4. 7,000 stock options were granted to the Reporting Person on January 27, 2009. The options vested in five equal annual installments on each of January 27, 2010, 2011, 2012 and 2013, and as of the filing date are fully vested and exercisable. As of the date of this report, 7,000 stock options were exercised by the Reporting Person. |
5. 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 filing date are fully vested and exercisable. |
Anita Y. Wolman | 11/05/2013 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |