0001415889-16-007242.txt : 20161004
0001415889-16-007242.hdr.sgml : 20161004
20161004210028
ACCESSION NUMBER: 0001415889-16-007242
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160930
FILED AS OF DATE: 20161004
DATE AS OF CHANGE: 20161004
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: 18500 VON KARMAN
CITY: IRVINE
STATE: CA
ZIP: 92612
BUSINESS PHONE: 949-236-5211
MAIL ADDRESS:
STREET 1: 18500 VON KARMAN
CITY: IRVINE
STATE: CA
ZIP: 92612
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST PACTRUST BANCORP INC
DATE OF NAME CHANGE: 20020322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Seabold Jeffrey T
CENTRAL INDEX KEY: 0001514243
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35522
FILM NUMBER: 161921229
MAIL ADDRESS:
STREET 1: C/O FIRST PACTRUST BANCORP INC
STREET 2: 610 BAY BOULEVARD
CITY: CHULA VISTA
STATE: CA
ZIP: 91910
4
1
form4-10042016_061018.xml
X0306
4
2016-09-30
0001169770
BANC OF CALIFORNIA, INC.
BANC
0001514243
Seabold Jeffrey T
C/O BANC OF CALIFORNIA, INC.
18500 VON KARMAN AVE, SUITE 1100
IRVINE
CA
92612
false
true
false
false
EXECUTIVE VICE PRESIDENT
Class B Non-Voting Stock
2016-09-30
4
X
0
80000
8.80
A
241841
D
Class B Non-Voting Stock
2016-09-30
4
S
0
39919
17.63
D
201992
D
Common Stock
165409
D
Warrant to purchase Class B Non-Voting Common Stock
8.80
2016-09-30
4
X
0
80000
0
D
Class B Non-Voting Common Stock
80000
0
D
Stock Option (Right to Purchase)
15.81
2012-06-27
2021-06-27
Common Stock
16713
16713
D
Stock Option
13.10
2023-05-13
Common Stock
100000
100000
D
The exercise of the Reporting Person's warrant to purchase shares of the Issuer's Class B Non-Voting Stock reported herein was effected pursuant to a Rule 10b-5 trading plan, adopted by the Reporting Person on August 10, 2016.
The exercise price of this warrant is subject to certain automatic adjustments in accordance with the terms of the warrant. Based on these automatic adjustments to the original $11.00 exercise price, it has been determined that the exercise price for these warrants was $8.80 per share as of September 30, 2016.
Warrants exercised on a cashless basis, resulting in the Issuer withholding 39,919 of the warrant shares to pay the exercise price, and issuing to the Reporting Person the remaining 40,081 shares.
Warrants became exercisable on October 1, 2011, and was exercisable for a period of five years thereafter.
Options will vest according to the following schedule: 20% increments on each of May 13, 2014, 2015, 2016, 2017 and 2018.
/s/ James J. McKinney , Attorney-in-Fact
2016-10-04