0001415889-23-002280.txt : 20230210 0001415889-23-002280.hdr.sgml : 20230210 20230210161625 ACCESSION NUMBER: 0001415889-23-002280 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230208 FILED AS OF DATE: 20230210 DATE AS OF CHANGE: 20230210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: YUNG MARK CENTRAL INDEX KEY: 0001508932 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36408 FILM NUMBER: 23612104 MAIL ADDRESS: STREET 1: C/O 335 CONNIE CRESENT CITY: CONCORD STATE: A6 ZIP: L4K 5R2 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 form4-02102023_040210.xml X0306 4 2023-02-08 0001102112 PACWEST BANCORP PACW 0001508932 YUNG MARK 9701 WILSHIRE BOULEVARD SUITE 700 BEVERLY HILLS CA 90212 false true false false EVP, CHIEF OPERATING OFFICER Common Stock 2023-02-08 4 A 0 24270 0 A 120989 D Common Stock 2023-02-08 4 A 0 4490 0 A 125479 D Common Stock 8970 I Yung Family Trust On February 8, 2023, Reporting Person was granted a restricted stock award ("RSA") of 24,270 shares of Issuer's common stock. This RSA will vest ratably over a three (3) year term. On February 12, 2020, 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 8, 2023, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 4,490 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 28, 2023 subject to Reporting Person's satisfaction of the employment condition. /s/ Angela M.W. Kelley, Attorney-in-Fact 2023-02-10 EX-24 2 ex24-02102023_040211.htm ex24-02102023_040211.htm


POWER OF ATTORNEY




The undersigned hereby constitutes and appoints Angela M.W. Kelley, Catherine M. Verschelden and Owen T. Niland, signing singly, the undersigned’s true and lawful attorney-in-fact to:


(1)

execute for and on behalf of the undersigned, in the undersigned’s capacity as an officer and/or director of PacWest Bancorp (the “Company”), Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules promulgated thereunder;


(2)

do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and


(3)

take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such a form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.


The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.


This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.


IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed on this 15th day of November, 2022.




 

Name:

/s/ Mark T. Yung


Print Name:

Mark T. Yung







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