0001104659-14-027098.txt : 20140410 0001104659-14-027098.hdr.sgml : 20140410 20140410183521 ACCESSION NUMBER: 0001104659-14-027098 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140408 FILED AS OF DATE: 20140410 DATE AS OF CHANGE: 20140410 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: 6110 EL TORDO CITY: RANCHO SANTA FE STATE: CA ZIP: 92067 BUSINESS PHONE: 8587563023 MAIL ADDRESS: STREET 1: 275 NORTH BREA BLVD CITY: BREA STATE: CA ZIP: 92821 FORMER COMPANY: FORMER CONFORMED NAME: FIRST COMMUNITY BANCORP /CA/ DATE OF NAME CHANGE: 19991229 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MOLVAR ROGER H CENTRAL INDEX KEY: 0001223118 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36408 FILM NUMBER: 14758333 MAIL ADDRESS: STREET 1: 155 N LAKE AVE CITY: PASADENA STATE: CA ZIP: 91101 3 1 a3.xml 3 X0206 3 2014-04-08 0 0001102112 PACWEST BANCORP PACW 0001223118 MOLVAR ROGER H 10250 CONSTELLATION BLVD., SUITE 1640 LOS ANGELES CA 90067 1 0 0 0 Common Stock 1233 D In connection with the merger of CapitalSource Inc. with and into PacWest Bancorp on April 7, 2014 pursuant to the Agreement and Plan of Merger, dated July 22, 2013, as amended, between PacWest and CapitalSource, the reporting person received the PacWest common stock reported above, together with $5,120 in cash, in exchange for 2,053 shares of CapitalSource common stock and 9,936 in-the-money options to purchase CapitalSource common stock. On April 7, 2014, the effective date of the merger, the closing price of CapitalSource's common stock was $15.50 per share and the closing price of PacWest's common stock was $45.83 per share. Exhibit 24.1 - Power of Attorney /s/ Kori L. Ogrosky, Attorney-in-Fact 2014-04-10 EX-24.1 2 ex-24d1.htm EX-24.1 Exhibit 24

Exhibit 24.1

 

POWER OF ATTORNEY

 

The undersigned hereby constitutes and appoints each of Kori L. Ogrosky, Lynn M. Hopkins and Carolyn Silva, signing singly, the undersigned’s true and lawful attorney-in-fact to:

 

(1)           execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of PacWest Bancorp (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder;

 

(2)           do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and

 

(3)           take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such a form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed on this 8th day of April, 2014.

 

 

Name:

/s/ Roger H. Molvar