-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RqDIHo1v1ZggJ+7KupNcJ9iXsGAP5QJzsUmpdV91CLiZABNcVFveWdTQhv9fuAVS dIVgKCAMObdRmI9PDbY7ig== 0001179110-03-004512.txt : 20030730 0001179110-03-004512.hdr.sgml : 20030730 20030730172008 ACCESSION NUMBER: 0001179110-03-004512 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030728 FILED AS OF DATE: 20030730 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST COMMUNITY BANCORP /CA/ CENTRAL INDEX KEY: 0001102112 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 330885320 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6110 EL TORDO CITY: RANCHO SANTA FE STATE: CA ZIP: 92067 BUSINESS PHONE: 8587563023 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: POWERS WILLIAM T CENTRAL INDEX KEY: 0001179843 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-30747 FILM NUMBER: 03812365 BUSINESS ADDRESS: STREET 1: 74-750 HIGHWAY 111 CITY: INDIAN WELLS STATE: CA ZIP: 92110 BUSINESS PHONE: 7608360870 MAIL ADDRESS: STREET 1: 74-750 HIGHWAY 111 CITY: INDIAN WELLS STATE: CA ZIP: 92110 4 1 edgar.xml FORM 4 - X0201 4 2003-07-28 0 0001102112 FIRST COMMUNITY BANCORP /CA/ FCBP 0001179843 POWERS WILLIAM T 6110 EL TORDO P.O. BOX 2388 RANCHO SANTA FE CA 92067 0 1 0 0 Pres Desert Region of Sub PWNB Performance Stock 0 2003-07-28 4 A 0 20000 0 A 2004-01-01 2010-07-28 Common Stock 20000 82000 D Performance Stock converts 1 for 1 into shares of Issuer common stock upon vesting. Reporting Person received a Performance Stock grant of 20,000 shares under the Issuer's 2003 Stock Incentive Plan (the "Plan"). The award will vest in full or in part on the date the Compensation Committee of the Issuer's Board of Directors, as Administrator of the Plan, determines that the Issuer achieved annual Cash EPS goals (as defined in and pursuant to the terms of the Plan). Fifty percent (50%) of the Perfomance Stock will vest upon reaching annual Cash EPS of $2.48; seventy-five percent (75%) of the Performance Stock will vest upon reaching annual Cash EPS of $2.89; and the Performance Stock will vest in full upon reaching annual Cash EPS of $3.30. As of the date of the grant, the Reporting Person holds dividend and voting rights with respect to the Performance Stock, subject to termination of such rights under the terms of the Plan. Reporting Person beneficially owns 20,000 shares of Performance Stock and 62,000 options convertible into Issuer's common stock. The Performance Stock will vest as set forth above. 9,000 options at $4.00 are fully vested, 7,500 options at $5.00 are fully vested, 33,000 options at $10.00 are fully vested, 5,000 options at $17.85 have vested or will vest in one-third increments on April 26, 2002, 2003 and 2004, and 7,500 options at $26.81 have vested or will vest in one-third increments on July 24, 2003, 2004 and 2005. /s/ William T. Powers 2003-07-30 -----END PRIVACY-ENHANCED MESSAGE-----