0001562180-23-004111.txt : 20230512 0001562180-23-004111.hdr.sgml : 20230512 20230512200229 ACCESSION NUMBER: 0001562180-23-004111 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230511 FILED AS OF DATE: 20230512 DATE AS OF CHANGE: 20230512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schnel Jonah CENTRAL INDEX KEY: 0001390121 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35522 FILM NUMBER: 23917902 MAIL ADDRESS: STREET 1: 1900 AVENUE OF THE STARS, SUITE 2701 CITY: LOS ANGELES STATE: CA ZIP: 90067 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 X0407 4 2023-05-11 false 0001169770 BANC OF CALIFORNIA, INC. BANC 0001390121 Schnel Jonah 3 MACARTHUR PLACE SANTA ANA CA 92707 true false false false false Common Stock 2023-05-11 4 A false 6863.00 0.00 A 10700.00 D Common Stock 500.00 I Held by Spouse's Retirement Savings Account Common Stock 67571.00 I Held by the Schnel Family Trust Stock Option 13.75 2025-07-01 Common Stock 2808.00 2808.00 D Stock Option 13.75 2025-07-01 Common Stock 2808.00 2808.00 D Stock Option 10.90 2024-07-01 Common Stock 918.00 918.00 D Stock Options 10.90 2024-07-01 Common Stock 918.00 918.00 D Represents restricted stock units ("RSUs") issued to the Reporting Person as consideration for his service on the Issuer's Board of Directors. Shares will be issued in full upon vesting, which is scheduled to occur on the one-year anniversary of the grant date. Amount reported includes 3,989 shares transferred into the Schnel Family Trust previously reported as directly held. Options will vest annually in substantially equal installments over a five-year period beginning on the one-year anniversary of the grant date. In accordance with the Non-Qualified Stock Option Agreement, by and between the Reporting Person and the Issuer, dated July 1, 2014 and July 1, 2015 (the "Option Agreements"), in the event the Reporting Person is subject to a Qualified Termination of Service (as defined in the Option Agreements), this award will automatically become fully vested. /s/ Ido Dotan, Attorney-in-Fact for Jonah Schnel 2023-05-12