Filing Details

Accession Number:
0001181431-13-056988
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-05 18:04:07
Reporting Period:
2013-11-01
Filing Date:
2013-11-05
Accepted Time:
2013-11-05 18:04:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1543643 Cu Bancorp CUNB National Commercial Banks (6021) 900779788
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1212406 J Robert Dennen C/O Cu Bancorp 15821 Ventura Blvd.
Suite 100
Encino CA 91436
Svp, Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-11-01 17,179 $10.00 24,137 No 4 M Direct
Common Stock Acquisiton 2013-11-01 5,000 $7.80 29,137 No 4 M Direct
Common Stock Disposition 2013-11-01 22,139 $18.50 6,998 No 4 S Direct
Common Stock Disposition 2013-11-01 10 $18.54 6,988 No 4 S Direct
Common Stock Disposition 2013-11-01 30 $18.55 6,958 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options to Purchase Common Stock Disposition 2013-11-01 17,179 $0.00 38,242 $10.00
Common Stock Options to Purchase Common Stock Disposition 2013-11-01 5,000 $0.00 5,000 $7.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,063 2015-05-16 No 4 M Direct
0 2015-01-27 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 41,212 Indirect IRA
Common Stock 6,000 Indirect 529 Plan
Common Stock 5,000 Indirect As Trustee of the Robert Dennen and & Randi M. Family Trust
Common Stock 2,500 Indirect As Executor of the Macel Dennen Estate
Common Stock 1,000 Indirect See Footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Options to Purchase Common Stock $22.00 2016-04-25 5,000 5,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-04-25 5,000 5,000 Direct
Footnotes
  1. 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.
  2. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2013.
  3. These shares are held by Mitchell Dennen. Mitchell Dennen is an adult son of the reporting person.
  4. 39,063 stock options were granted under the 2005 Stock Option Plan to the reporting person on May 17, 2005. The options vested in four equal annual installments on each of May 17, 2006, 2007, 2008 and 2009, and are fully vested and exercisable. As of the date of this report, a total of 18,000 stock options were exercised by the Reporting Person.
  5. 5,000 stock options were granted to the Reporting Person on January 27, 2009. The options vested in four equal annual installments on each of January 27, 2010, 2011, 2012 and 2013 and as of the filing date are fully vested and exercisable. As of the date of this report, a total of 5,000 stock options were exercised by the Reporting Person.
  6. Stock options were granted to the Reporting Person on April 26, 2006. The options vested in four equal annual installments on each of April 26, 2007, 2008, 2009 and 2010, and as of the filing date are fully vested and exercisable.