0001562180-23-002045.txt : 20230301 0001562180-23-002045.hdr.sgml : 20230301 20230301161541 ACCESSION NUMBER: 0001562180-23-002045 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230227 FILED AS OF DATE: 20230301 DATE AS OF CHANGE: 20230301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dotan Ido CENTRAL INDEX KEY: 0001778395 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35522 FILM NUMBER: 23693700 MAIL ADDRESS: STREET 1: C/O BANC OF CALIFORNIA, INC. STREET 2: 3 MACARTHUR PLACE CITY: SANTA ANA STATE: CA ZIP: 92707 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BANC OF CALIFORNIA, INC. CENTRAL INDEX KEY: 0001169770 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 043639825 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3 MACARTHUR PLACE CITY: SANTA ANA STATE: CA ZIP: 92707 BUSINESS PHONE: 949-236-5211 MAIL ADDRESS: STREET 1: 3 MACARTHUR PLACE CITY: SANTA ANA STATE: CA ZIP: 92707 FORMER COMPANY: FORMER CONFORMED NAME: FIRST PACTRUST BANCORP INC DATE OF NAME CHANGE: 20020322 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2023-02-27 false 0001169770 BANC OF CALIFORNIA, INC. BANC 0001778395 Dotan Ido C/O BANC OF CALIFORNIA, INC. 3 MACARTHUR PLACE SANTA ANA CA 92707 false true false false GENERAL COUNSEL, CORP SECRTY Common Stock 2023-02-27 2023-02-27 4 A false 6120.00 0.00 A 37052.00 D Performance Stock Units 2026-06-06 Common Stock 45500.00 45500.00 D On March 2, 2020, the Reporting Person was granted performance stock units ("PSUs"). Vesting of the PSUs was conditioned on the achievement of certain performance goals and an employment condition. Effective February 27, 2023, the Joint Compensation, Nominating and Corporate Governance Committee of the Issuer's Board of Directors determined that the performance goals had been satisfied resulting in the reported PSUs being subject only to the employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on March 2, 2020 subject to the Reporting Person's satisfaction of the employment condition. Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant. /s/ Ido Dotan 2023-03-01