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