Lynn Hopkins - Dec 9, 2022 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Ido Dotan, Attorney-in-Fact for Lynn M Hopkins
Stock symbol: BANC
Transactions as of: Dec 9, 2022
Transactions value $: -$28,421
Form type: 4
Date filed: 12/9/2022, 03:25 PM
Previous filing: Jun 8, 2022
Next filing: Mar 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BANC	Common Stock	Tax liability	-$28.4K	-1.78K	-4.75%	$15.94	35.7K	Dec 9, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BANC	Performance Stock Units						97.1K	Dec 9, 2022	Common Stock	97.1K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares disposed to satisfy the Reporting Person's tax liability by the vesting of a previously granted award.
F2	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.