0001179110-15-014786.txt : 20151112
0001179110-15-014786.hdr.sgml : 20151112
20151112171250
ACCESSION NUMBER: 0001179110-15-014786
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151109
FILED AS OF DATE: 20151112
DATE AS OF CHANGE: 20151112
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: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36408
FILM NUMBER: 151225859
MAIL ADDRESS:
STREET 1: PACWEST BANCORP
STREET 2: 10250 CONSTELLATION BLVD, SUITE 1640
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
4
1
edgar.xml
FORM 4 -
X0306
4
2015-11-09
0
0001102112
PACWEST BANCORP
PACW
0001352198
Burke Paul Robert
10250 CONSTELLATION BLVD.,
SUITE 1640
LOS ANGELES
CA
90067
1
0
0
0
Common Stock
2015-11-09
4
S
0
162000
47.0483
D
504288
I
Northaven group
Common Stock
2015-11-10
4
S
0
293900
46.6652
D
210388
I
Northaven group
Common Stock
2015-11-11
4
S
0
91900
47.00
D
118488
I
Northaven group
Common Stock
28556
I
By Northaven Partners, L.P.
Common Stock
17481
I
By Northaven Partners II, L.P.
Common Stock
1775
I
By Northaven Partners III, L.P.
Common Stock
2855
I
By Northaven Offshore Ltd.
Common Stock
67821
I
By Northaven Capital Partners, L.P.
Common Stock
3976
D
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.68 to $47.50, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
Represents the total number of shares owned by the five Northaven entities combined after giving effect to the reported transaction. A breakdown of the shares owned by each entity is set forth at the bottom of Table I.
Each of the five Northaven entities participated in the sales reported on this Form 4. Of the total 162,000 shares sold on November 9, 2015, Northaven Partners, L.P. sold 68,217 shares, Northaven Partners II, L.P. sold 9,278 shares, Northaven Partners III, L.P. sold 4,241 shares, Northaven Offshore Ltd. sold 6,820 shares, and Northaven Capital Partners, L.P. sold 73,444 shares.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.26 to $46.87, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (4) to this Form 4.
Each of the five Northaven entities participated in the sales reported on this Form 4. Of the total 293,900 shares sold on November 10, 2015, Northaven Partners, L.P. sold 123,760 shares, Northaven Partners II, L.P. sold 16,832 shares, Northaven Partners III, L.P. sold 7,695 shares, Northaven Offshore Ltd. sold 12,372 shares, and Northaven Capital Partners, L.P. sold 133,241 shares.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.01, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (6) to this Form 4.
Each of the five Northaven entities participated in the sales reported on this Form 4. Of the total 91,900 shares sold on November 11, 2015, Northaven Partners, L.P. sold 38,699 shares, Northaven Partners II, L.P. sold 5,263 shares, Northaven Partners III, L.P. sold 2,406 shares, Northaven Offshore Ltd. sold 3,869 shares, and Northaven Capital Partners, L.P. sold 41,663 shares.
Represents the total number of shares held by each respective Northaven entity after giving effect to the reported transactions.
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
2015-11-12