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