0001179110-20-002849.txt : 20200303
0001179110-20-002849.hdr.sgml : 20200303
20200303164230
ACCESSION NUMBER: 0001179110-20-002849
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200228
FILED AS OF DATE: 20200303
DATE AS OF CHANGE: 20200303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WAGNER MATTHEW P
CENTRAL INDEX KEY: 0001179838
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36408
FILM NUMBER: 20683067
MAIL ADDRESS:
STREET 1: PACWEST BANCORP
STREET 2: 9701 WILSHIRE BOULEVARD, SUITE 700
CITY: BEVERLY HILLS
STATE: CA
ZIP: 90212
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: 130 S. STATE COLLEGE BLVD.
CITY: BREA
STATE: CA
ZIP: 92821
BUSINESS PHONE: (310) 887-8500
MAIL ADDRESS:
STREET 1: 130 S. STATE COLLEGE BLVD.
CITY: BREA
STATE: CA
ZIP: 92821
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST COMMUNITY BANCORP /CA/
DATE OF NAME CHANGE: 19991229
4
1
edgar.xml
FORM 4 -
X0306
4
2020-02-28
0
0001102112
PACWEST BANCORP
PACW
0001179838
WAGNER MATTHEW P
9701 WILSHIRE BOULEVARD,
SUITE 700
BEVERLY HILLS
CA
90212
1
1
0
0
CEO and President
Common Stock
2020-02-28
4
F
0
10177
31.64
D
641336
D
Common Stock
2020-02-28
4
F
0
11941
31.64
D
629395
D
Common Stock
52925
I
By IRA
Common Stock
17003
I
By Spouse
Represents the number of shares of Issuer's common stock that Reporting Person surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations upon the vesting of 23,117 shares of restricted stock on February 28, 2020.
Reflects market closing price on February 28, 2020.
On February 15, 2017, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 12, 2020, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 27,172 shares of Issuer's common stock to vest on February 28, 2020 subject to the Reporting Person's satisfaction of the employment condition. The amount reported in column 4 represents the number of shares of Issuer's common stock that Reporting Person surrendered to Issuer for the satisfaction of Reporting Person's tax withholding obligations upon the vesting of the 27,172 shares of Issuer's common stock on February 28, 2020.
The Reporting Person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.
/s/ Matthew Wagner
2020-03-03