0001562180-23-002044.txt : 20230301
0001562180-23-002044.hdr.sgml : 20230301
20230301161511
ACCESSION NUMBER: 0001562180-23-002044
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230227
FILED AS OF DATE: 20230301
DATE AS OF CHANGE: 20230301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DYCK ROBERT G
CENTRAL INDEX KEY: 0001270563
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35522
FILM NUMBER: 23693684
MAIL ADDRESS:
STREET 1: P O BOX 2388
CITY: RANCHO SANTA FE
STATE: CA
ZIP: 92067
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BANC OF CALIFORNIA, INC.
CENTRAL INDEX KEY: 0001169770
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 043639825
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 MACARTHUR PLACE
CITY: SANTA ANA
STATE: CA
ZIP: 92707
BUSINESS PHONE: 949-236-5211
MAIL ADDRESS:
STREET 1: 3 MACARTHUR PLACE
CITY: SANTA ANA
STATE: CA
ZIP: 92707
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST PACTRUST BANCORP INC
DATE OF NAME CHANGE: 20020322
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2023-02-27
false
0001169770
BANC OF CALIFORNIA, INC.
BANC
0001270563
DYCK ROBERT G
C/O BANC OF CALIFORNIA, INC.
3 MACARTHUR PLACE
SANTA ANA
CA
92707
false
true
false
false
CHIEF CREDIT OFFICER
Common Stock
2023-02-27
2023-02-27
4
A
false
5578.00
0.00
A
29040.00
D
Performance Stock Units
2026-06-06
Common Stock
29478.00
29478.00
D
On March 2, 2020, the Reporting Person was granted performance stock units ("PSUs"). Vesting of the PSUs was conditioned on the achievement of certain performance goals and an employment condition. Effective February 27, 2023, the Joint Compensation, Nominating and Corporate Governance Committee of the Issuer's Board of Directors determined that the performance goals had been satisfied resulting in the reported PSUs being subject only to the employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on March 2, 2020 subject to the Reporting Person's satisfaction of the employment condition.
Represents grant of performance-based restricted stock units. Shares will be issued upon achievement of both (a) Issuer's common stock achieving a twenty-day Volume-Weighted Average Price of $35 per share within four years from the date of grant and (b) the Reporting Persons' continued service through the fourth anniversary of the grant.
/s/ Ido Dotan, Attorney-in-Fact for Robert G Dyck
2023-03-01