0001209191-15-087207.txt : 20151229
0001209191-15-087207.hdr.sgml : 20151229
20151229110133
ACCESSION NUMBER: 0001209191-15-087207
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20151228
FILED AS OF DATE: 20151229
DATE AS OF CHANGE: 20151229
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CU Bancorp
CENTRAL INDEX KEY: 0001543643
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 900779788
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 15821 VENTURA BOULEVARD, SUITE 100
CITY: ENCINO
STATE: CA
ZIP: 91436
BUSINESS PHONE: (818) 257-7779
MAIL ADDRESS:
STREET 1: 15821 VENTURA BOULEVARD, SUITE 100
CITY: ENCINO
STATE: CA
ZIP: 91436
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rainer David I
CENTRAL INDEX KEY: 0001555186
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35683
FILM NUMBER: 151310560
MAIL ADDRESS:
STREET 1: C/O CU BANCORP
STREET 2: 15821 VENTURA BOULEVARD, SUITE 100
CITY: ENCINO
STATE: CA
ZIP: 91436
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-12-28
0
0001543643
CU Bancorp
CUNB
0001555186
Rainer David I
C/O CU BANCORP 15821, VENTURA BLVD.
SUITE 100
ENCINO
CA
91436
1
1
0
0
Chairman & CEO
Common Stock
21435
D
Common Stock
2015-12-28
4
G
0
200
D
183076
I
Trustee of the David and Anne Rainer Trust
Common Stock
31364
I
IRA
Restricted Stock Units
Common Stock
40000
40000
D
Options to Purchase Common Stock
16.00
2017-09-24
Common Stock
23333
23333
D
Options to Purchase Common Stock
17.50
2017-02-26
Common Stock
60000
60000
D
Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
The shares were given as a bona fide gift.
Each restricted stock unit represents a contingent right to receive one share of CUNB stock.
The restricted stock units will vest in three(3) installments to which 20,000 shares will vest on March 19, 2017 and 10,000 shares will vest on each March 19, 2018 and 2019. Vested shares will be delivered to the Reporting Person on or before March 15 in the calendar year following the vesting except to the extent that CUNB reasonably anticipates that CUNB's corporate income tax deduction for the payment of shares will be limited or eliminated as a result of the application of Internal Revenue Code Section 162(m). CUNB will defer the payment and delivery of such shares to the earliest date where CUNB reasonably anticipates that such deduction will not be limited or eliminated by application of Internal Revenue Code Section 162(m).
As of filing date, the stock option grant is 100% vested and immediately exercisable.
David I. Rainer, By: Anita Y. Wolman, Attorney-in-Fact.
2015-12-29