0001415889-23-015662.txt : 20231130 0001415889-23-015662.hdr.sgml : 20231130 20231130214410 ACCESSION NUMBER: 0001415889-23-015662 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231130 FILED AS OF DATE: 20231130 DATE AS OF CHANGE: 20231130 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BLAKE CHRISTOPHER D CENTRAL INDEX KEY: 0001179862 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36408 FILM NUMBER: 231457379 MAIL ADDRESS: STREET 1: PACWEST BANCORP STREET 2: 9701 WILSHIRE BOULEVARD, SUITE 700 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PACWEST BANCORP CENTRAL INDEX KEY: 0001102112 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 330885320 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 130 S. STATE COLLEGE BLVD. CITY: BREA STATE: CA ZIP: 92821 BUSINESS PHONE: (310) 887-8500 MAIL ADDRESS: STREET 1: 130 S. STATE COLLEGE BLVD. CITY: BREA STATE: CA ZIP: 92821 FORMER COMPANY: FORMER CONFORMED NAME: FIRST COMMUNITY BANCORP /CA/ DATE OF NAME CHANGE: 19991229 4 1 form4-12012023_021203.xml X0508 4 2023-11-30 1 0001102112 PACWEST BANCORP PACW 0001179862 BLAKE CHRISTOPHER D 9701 WILSHIRE BOULEVARD SUITE 700 BEVERLY HILLS CA 90212 false true false false PRES. & CEO, COMMUNITY BANKING 0 Common Stock 2023-11-30 4 D 0 84779 0 D 0 D Common Stock 2023-11-30 4 D 0 24813 0 D 0 I By Family Trust Common Stock 2023-11-30 4 D 0 281 0 D 0 I By IRA Common Stock 2023-11-30 4 D 0 222 0 D 0 I By Spouse's IRA Depositary Shares of Series A Preferred Stock 2023-11-30 4 D 0 8000 0 D 0 D Includes restricted stock awards of 30,261 shares of Issuer's common stock (the "Issuer RSAs"). Disposed of pursuant to the Agreement and Plan of Merger, dated July 25, 2023, by and among Issuer, Banc of California, Inc. ("BANC"), and Cal Merger Sub, Inc. (the "Merger Agreement"). Pursuant to the terms of the Merger Agreement, at the effective time (the "Effective Time") of the merger between Issuer and Cal Merger Sub, Inc. (the "Merger"), each share of Issuer common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive 0.6569 shares of BANC common stock (the "Merger Consideration"). All fractional shares were paid in cash. The Merger closed on November 30, 2023. Pursuant to the Merger Agreement, at the Effective Time, the Issuer RSAs were assumed by BANC and converted into the right to receive (without interest) the Merger Consideration in respect of each share of Issuer common stock subject to such Issuer RSAs immediately prior to the Effective Time with the same terms and conditions as were applicable under such Issuer RSAs immediately prior to the Effective Time (including vesting terms), with any fractional shares rounded to the nearest whole share of BANC common stock. As a result of the Merger, Reporting Person no longer beneficially owns, directly or indirectly, any shares of Issuer common stock. In connection with the transactions contemplated by the Merger Agreement, the depository shares and shares of preferred stock underlying the depositary shares will be exchanged for substantially equivalent depositary shares and shares of preferred stock of BANC. Following the transactions contemplated by the Merger Agreement, Reporting Person no longer beneficially owns any Issuer depositary shares. /s/ Angela M.W. Kelley, Attorney-in-Fact 2023-11-30