0001209191-17-057793.txt : 20171023
0001209191-17-057793.hdr.sgml : 20171023
20171023182925
ACCESSION NUMBER: 0001209191-17-057793
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171020
FILED AS OF DATE: 20171023
DATE AS OF CHANGE: 20171023
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Varjavand Kaveh
CENTRAL INDEX KEY: 0001652815
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35683
FILM NUMBER: 171149743
MAIL ADDRESS:
STREET 1: 15821 VENTURA BOULEVARD
STREET 2: SUITE 100
CITY: ENCINO
STATE: CA
ZIP: 91436
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-10-20
1
0001543643
CU Bancorp
CUNB
0001652815
Varjavand Kaveh
C/O CU BANCORP 15821 VENTURA BLVD.
SUITE 100
ENCINO
CA
91436
1
0
0
0
Common Stock
2017-10-20
4
D
0
2370
D
0
D
On October 20, 2017, pursuant to the Agreement and Plan of Merger, dated as of April 5, 2017, by and between PacWest Bancorp ("PacWest") and CU Bancorp ("CUB"), CUB merged with and into PacWest ("Merger"), and each outstanding CUB common share, other than excluded shares and dissenting shares, was converted into the right to receive (i) $12.00 in cash and (ii) 0.5308 of a share of PacWest common stock, with cash payable in lieu of a fractional share in an amount equal to the fraction of a share of PacWest common stock which the holder would otherwise be entitled to receive multiplied by $48.9248. In connection with the Merger, the reporting person has the right to receive, in exchange for all of the CUB common shares reported in Table I, an aggregate of 1,257 shares of PacWest common stock and $28,440 in cash, with cash payable in lieu of a fractional share of PacWest common stock, subject to any required tax withholding under applicable law. [Continued in FN2]
[Continued from FN1] On October 20, 2017, the effective date of the Merger, the closing price of PacWest common stock was $47.99 per share.
Kaveh Varjavand, By:
Anita Y. Wolman, Attorney-in-Fact
2017-10-23