0001179110-15-013942.txt : 20151008 0001179110-15-013942.hdr.sgml : 20151008 20151008163314 ACCESSION NUMBER: 0001179110-15-013942 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151007 FILED AS OF DATE: 20151008 DATE AS OF CHANGE: 20151008 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: Burke Paul Robert CENTRAL INDEX KEY: 0001352198 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36408 FILM NUMBER: 151151091 MAIL ADDRESS: STREET 1: 25 RACE AVENUE CITY: LANCASTER STATE: PA ZIP: 17603 3 1 edgar.xml FORM 3 - X0206 3 2015-10-07 0 0001102112 PACWEST BANCORP PACW 0001352198 Burke Paul Robert 10250 CONSTELLATION BLVD., SUITE 1640 LOS ANGELES CA 90067 1 0 0 0 Common Stock 3226 D Common Stock 60434 I By Northaven Partners II, L.P. Common Stock 21411 I By Northaven Partners III, L.P. Common Stock 407837 I By Northaven Capital Partners, L.P. Common Stock 34428 I by Northaven Offshore Ltd. Common Stock 344378 I By Northaven Partners, L.P. In connection with the merger of Square 1 Financial, Inc. with and into PacWest Bancorp on October 6, 2015 pursuant to the Agreement and Plan of Merger, dated March 1, 2015, as amended, by and between PacWest and Square 1, the reporting person received (i) the PacWest common stock reported above and $43.34 in cash in exchange for 5,381 shares of Square 1 common stock, and (ii) $26,452.15 in cash in exchange for 1,031 restricted shares of Square 1 which were scheduled to vest on February 3, 2016. On October 6, 2015, the effective date of the merger, the closing price of Square 1's common stock was $26.32 per share and the closing price of PacWest's common stock was $43.97 per share. Reporting person serves as a shareholder in Northaven Management, Inc., and is a member of Northaven Associates, LLC, the general partner of each of Northaven Partners, L.P., Northaven Partners II, L.P., Northaven Partners III, L.P., and Northaven Capital Partners, L.P., and the holder of the management shares of Northaven Offshore Ltd. As such, reporting person may be deemed to have beneficial ownership of the securities owned by these entities. Reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16. /s/ Paul Burke 2015-10-08