Filing Details

Accession Number:
0001415889-18-001286
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-23 20:04:31
Reporting Period:
2018-08-21
Accepted Time:
2018-08-23 20:04:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1169770 Banc Of California Inc. BANC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
949197 Kirk W Wycoff C/O Banc Of California, Inc.
3 Macarthur Place
Santa Ana CA 92707
No No 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 Disposition 2018-08-21 119,937 $20.08 830,163 No 4 S Indirect By Patriot Financial Partners, L.P.
Common Stock Disposition 2018-08-21 20,719 $20.08 143,692 No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
Common Stock Disposition 2018-08-22 14,144 $20.00 816,019 No 4 S Indirect By Patriot Financial Partners, L.P.
Common Stock Disposition 2018-08-22 2,444 $20.00 141,248 No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
Common Stock Disposition 2018-08-23 58,031 $19.81 757,988 No 4 S Indirect By Patriot Financial Partners, L.P.
Common Stock Disposition 2018-08-23 10,025 $19.81 131,223 No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Patriot Financial Partners, L.P.
No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
No 4 S Indirect By Patriot Financial Partners, L.P.
No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
No 4 S Indirect By Patriot Financial Partners, L.P.
No 4 S Indirect By Patriot Finanical Partners Parallel, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,748 Direct
Common Stock 1,204,097 Indirect By Patriot Financial Partners II, L.P.
Common Stock 257,256 Indirect By Patriot Financial Partners Parallel II, L.P.
Footnotes
  1. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions on August 21, 2018 at prices ranging from $20.00 to $20.225, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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.
  2. The securities are beneficially held by Patriot Financial Partners, L.P. (the "Patriot Fund") and Patriot Financial Partners Parallel, L.P. (the "Patriot Parallel Fund," together with the Patriot Fund, the "Funds"). Patriot Financial Partners, GP, L.P. ("Patriot GP") is a general partner of each of the Funds, and Patriot Financial Partners, GP, LLC ("Patriot LLC") is a general partner of Patriot GP. In addition, the Reporting Person is a general partner of the Funds and Patriot GP and a member of Patriot LLC. Accordingly, securities owned by the Funds may be regarded as being beneficially owned by Patriot GP, Patriot LLC and the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.
  3. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions on August 22, 2018 at prices ranging from $20.00 to $20.025, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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.
  4. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions on August 23, 2018 at prices ranging from $19.75 to $20.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or 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.
  5. The securities are beneficially held by Patriot Financial Partners II, L.P. (the "Patriot Fund II") and Patriot Financial Partners Parallel II, L.P. (the "Patriot Parallel Fund II," together with the Patriot Fund II, the "Funds II"). Patriot Financial Partners GP II, L.P. ("Patriot II GP") is a general partner of each of the Funds II, and Patriot Financial Partners GP II, LLC ("Patriot II LLC") is a general partner of Patriot II GP. In addition, the Reporting Person is a general partner of the Funds II and Patriot II GP and a member of Patriot II LLC. Accordingly, securities owned by the Funds II may be regarded as being beneficially owned by Patriot II GP, Patriot II LLC and the Reporting Person. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purposes of Section 16.