0001415889-23-003838.txt : 20230302
0001415889-23-003838.hdr.sgml : 20230302
20230302163229
ACCESSION NUMBER: 0001415889-23-003838
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230228
FILED AS OF DATE: 20230302
DATE AS OF CHANGE: 20230302
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: 23699556
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
form4-03022023_040301.xml
X0306
4
2023-02-28
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
2023-02-28
4
F
0
7846
27.75
D
117633
D
Common Stock
2023-02-28
4
F
0
2225
27.75
D
115408
D
Common Stock
8970
I
Yung Family Trust
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 15,822 shares of restricted stock on February 28, 2023.
Reflects market closing price on February 28, 2023.
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 to vest on February 28, 2023 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 4,490 shares of Issuer's common stock on February 28, 2023.
/s/ Angela M.W. Kelley, Attorney-in-Fact
2023-03-02