SEC Form 3
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*
LANGLEY GEORGE E

(Last) (First) (Middle)
6110 EL TORDO
P.O. BOX 2388

(Street)
RANCHO SANTA FE CA 92067

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/09/2006
3. Issuer Name and Ticker or Trading Symbol
FIRST COMMUNITY BANCORP /CA/ [ FCBP ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
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 143,769(1)(4) I Family Trust
Common Stock 1,500(2)(4) D
Common Stock 6,854(3)(4) I By 401(k)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Explanation of Responses:
1. Received in exchange for 317,862 shares of Foothill Independent Bancorp common stock based on an exchange ratio of 0.4523 of a share of First Community common stock in exchange for each share of Foothill common stock in connection with the acquisition of Foothill Independent Bancorp by First Community Bancorp (the "Merger") which was completed on May 9, 2006. On the effective date of the Merger, the closing price of Foothill Independent Bancorp's common stock was $26.67 per share, and the closing price of First Community Bancorp's common stock was $59.23 per share.
2. Received in exchange for 3,317 shares of Foothill Independent Bancorp common stock based on an exchange ratio of 0.4523 of a share of First Community common stock in exchange for each share of Foothill common stock in connection with the acquisition of Foothill Independent Bancorp by First Community Bancorp (the "Merger") which was completed on May 9, 2006. On the effective date of the Merger, the closing price of Foothill Independent Bancorp's common stock was $26.67 per share, and the closing price of First Community Bancorp's common stock was $59.23 per share.
3. Received in exchange for 15,154 shares of Foothill Independent Bancorp common stock based on an exchange ratio of 0.4523 of a share of First Community common stock in exchange for each share of Foothill common stock in connection with the acquisition of Foothill Independent Bancorp by First Community Bancorp (the "Merger") which was completed on May 9, 2006. On the effective date of the Merger, the closing price of Foothill Independent Bancorp's common stock was $26.67 per share, and the closing price of First Community Bancorp's common stock was $59.23 per share.
4. The transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to, without limitation, Rule 16b-3.
George E. Langley 05/17/2006
** 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.
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