0001209191-16-096255.txt : 20160208 0001209191-16-096255.hdr.sgml : 20160208 20160208120529 ACCESSION NUMBER: 0001209191-16-096255 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160202 FILED AS OF DATE: 20160208 DATE AS OF CHANGE: 20160208 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: 161394750 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 2016-02-02 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 2016-02-02 4 A 0 15506 0.00 A 36941 D Common Stock 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 15,506 restricted shares of common stock were granted to the Reporting Person on February 2, 2016, pursuant to the 2015 Management Incentive Plan developed under and pursuant to the 2007 Equity and Incentive Plan, as amended and restated July 31, 2014. The restricted stock awards vest 50% on the second Tuesday in December 2016, and the remaining 50% on the second Tuesday in December, 2017. 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. 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 Rainer, By: Anita Y. Wolman, Attorney-in-fact. 2016-02-08