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