0001415889-23-015669.txt : 20231130 0001415889-23-015669.hdr.sgml : 20231130 20231130214902 ACCESSION NUMBER: 0001415889-23-015669 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: YUNG MARK CENTRAL INDEX KEY: 0001508932 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36408 FILM NUMBER: 231457394 MAIL ADDRESS: STREET 1: C/O 335 CONNIE CRESENT CITY: CONCORD STATE: A6 ZIP: L4K 5R2 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_021256.xml X0508 4 2023-11-30 1 0001102112 PACWEST BANCORP PACW 0001508932 YUNG MARK 9701 WILSHIRE BOULEVARD SUITE 700 BEVERLY HILLS CA 90212 false true false false EVP, CHIEF OPERATING OFFICER 0 Common Stock 2023-11-30 4 D 0 115408 0 D 0 D Common Stock 2023-11-30 4 D 0 12118 0 D 0 I By Yung Family Trust Includes restricted stock awards of 54,510 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. /s/ Angela M.W. Kelley, Attorney-in-Fact 2023-11-30