FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 11/19/2003 |
3. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY BANCORP /CA/ [ FCBP ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 5,000 | D | |
Common Stock | 100 | I | By Spouse |
Common Stock | 10 | I | IRA rollover |
Common Stock | 125 | I | By Wife as Trustee for Minor Child |
Common Stock | 125 | I | By Wife as Trustee for Minor Child |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Performance Stock | 01/01/2004(2) | 07/28/2010 | Common Stock | 10,000 | $0(1) | D | |
Options (Right to Buy) | 07/24/2003 | 07/24/2007 | Common Stock | 8,300(3) | $26.81 | D |
Explanation of Responses: |
1. Performance Stock converts 1 for 1 into shares of Issuer common stock upon vesting. |
2. Reporting Person received a Performance Stock grant of 10,000 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 Performance 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. |
3. The 8,300 options at $26.81 have vested or will vest as to 1,633 shares as of July 28, 2003, as to an additional 3,333 shares as of July 28, 2004, and as to an additional 3,334 shares as of July 28, 2005. |
Robert G. Dyck | 11/20/2003 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |