Richard J. Lashley - Sep 4, 2024 Form 4 Insider Report for BANC OF CALIFORNIA, INC. (BANC)

Role
Director
Signature
/s/ Ido Dotan, Attorney-in-Fact for Richard J Lashley
Stock symbol
BANC
Transactions as of
Sep 4, 2024
Transactions value $
-$2,824,925
Form type
4
Date filed
9/6/2024, 04:31 PM
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BANC Common Stock Sale -$263K -18.8K -2.54% $14.00 720K Sep 4, 2024 By Goodbody/PL Capital, LLC F1, F2
transaction BANC Common Stock Sale -$788K -56.3K -2.26% $14.00 2.43M Sep 4, 2024 By PL Capital, LLC F1, F3
transaction BANC Common Stock Sale -$722K -50.9K -7.07% $14.20 669K Sep 5, 2024 By Goodbody/PL Capital, LLC F2, F4
transaction BANC Common Stock Sale -$1.05M -74.1K -3.05% $14.20 2.36M Sep 5, 2024 By PL Capital, LLC F3, F4
holding BANC Common Stock 59.7K Sep 4, 2024 Direct
holding BANC Common Stock 10K Sep 4, 2024 By Richard Lashley ROTH IRA
holding BANC Depositary Shares of Series F Preferred Stock 10K Sep 4, 2024 By Goodbody/PL Capital, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price is a weighted average price. These shares were sold to satisfy limited partner fund withdrawals in multiple transactions at prices ranging from $14.00 to $14.015 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F2 Goodbody/PL Capital, LLC is a Delaware limited liability company and the sole General Partner of Goodbody/PL Capital, L.P., a Delaware limited partnership. The Reporting Person is the holder of a 50% equity interest in, and one of two Managing Members of, Goodbody/PL Capital, LLC. He reports all shares held by the limited partnership as it is impractical to determine his proportionate interest in such limited partnerships, which may include interests he holds as a direct or indirect limited partner. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 PL Capital, LLC is a Delaware limited liability company and the sole General Partner of Financial Edge Fund, L.P., Financial Edge-Strategic Fund, L.P., PL Capital Plus Fund, L.P., and PL Capital/Focused Fund, L.P., each a Delaware limited partnership. The Reporting Person is the holder of a 50% equity interest in, and one of two Managing Members of, PL Capital, LLC. He reports all shares held by the limited partnerships as it is impractical to determine his proportionate interest in such limited partnerships, which may include interests he holds as a direct or indirect limited partner. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 The reported price is a weighted average price. These shares were sold to satisfy limited partner fund withdrawals in multiple transactions at prices ranging from $14.10 to $14.305 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.