X0303 4 2010-01-15 0 0000356708 FIRST REGIONAL BANCORP FRGB 0001262631 SWEENEY STEVEN J 1801 CENTURY PARK EAST LOS ANGELES CA 90067 0 1 0 0 General Counsel Common Stock 2010-01-15 4 W 0 84000 A 95000 D Common Stock 2010-01-15 4 W 0 84000 D 0 I As Beneficiary and Trustee of Steven John Sweeney Irrevocable Trust Common Stock 2010-01-15 4 W 0 98000 D 0 I As Trustee of Cynthia Louise McLean Irrevocable Trust Common Stock 3000 I By Reporting Person's IRA Account Common Stock 31519 I 401(k) Plan Common Stock 118000 I As Trustee of Patricia Lynne Sweeney Irrevocable Trust Common Stock 21003 I By Nicholas Akira Sweeney Irrevocable Trust Common Stock 4206 I By Jaclyn Yuki Sweeney Irrevocable Trust Common Stock 3195 I Employee Stock Ownership Plan Stock Option (right to buy) 4.24 2009-08-01 2018-07-01 Common Stock 10000 10000 D Stock Option (right to buy) 6.93 2004-10-01 2013-09-01 Common Stock 75000 75000 D Shares acquired from the Steven John Sweeney Irrevocable Trust upon termination of such irrevocable trust and distribution of all of the assets of such irrevocable trust. See footnote 2, below. The Declaration of Trust for the Steven John Sweeney Irrevocable Trust, dated December 20, 1989, provides for the termination of the trust and the distribution of all assets held by the trust on January 15, 2010. In accordance with such terms, all shares of the issuer's common stock were distributed to the beneficiary on January 15, 2010. The Declaration of Trust for the Cynthia Louise McLean Irrevocable Trust, dated December 20, 1989, provides for the termination of the trust and the distribution of all assets held by the trust on January 15, 2010. In accordance with such terms, all shares of the issuer's common stock were distributed to the beneficiary on January 15, 2010. Beneficially owned by reporting person through the Steven and Julie Sweeney Family Trust dated 10/06/06. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is a beneficial owner of such shares for the purposes of Section 16 or for any other purpose. Represents total number of shares in 401(k) Plan, all of which are vested. Shares beneficially owned by reporting person's child. Represents total number of shares in Employee Stock Ownership Plan, of which 2,556 shares (or 80%) are vested. The option was granted on July 25, 2008 under the company's 2005 Stock Option Plan and vests over seven years as follows: 1,400 option shares on August 1 of 2009, 2010, 2011, 2012, 2013 and 2014 and 1,600 option shares on August 1, 2015. The option was granted on September 22, 2003 under the company's 1999 Stock Option Plan and vests over seven years as follows: 10,713 option shares on August 1 of 2004, 2005, 2006, 2007, 2008 and 2009 and 10,722 option shares on October 1, 2010. Steven J. Sweeney 2010-01-20