Filing Details

Accession Number:
0001415889-23-004736
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-13 15:50:19
Reporting Period:
2023-03-10
Accepted Time:
2023-03-13 15:50:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1102112 Pacwest Bancorp PACW National Commercial Banks (6021) 330885320
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1179838 P Matthew Wagner 9701 Wilshire Boulevard
Suite 700
Beverly Hills CA 90212
Executive Chairman 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
Depositary Shares Of Series A Preferred Stock Acquisiton 2023-03-10 13,885 $21.12 33,885 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 901,306 Direct
Common Stock 52,925 Indirect By IRA
Common Stock 17,003 Indirect By Spouse
Footnotes
  1. Each Depositary Share represents a 1/40th interest in a share of 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A ("Series A Preferred Stock").
  2. The price reported in Column 4 is a weighted average price. These Depositary Shares of Series A Preferred Stock were purchased in multiple transactions at prices ranging from $20.90 to $21.29, inclusive. The reporting person undertakes to provide to PacWest Bancorp, any security holder of PacWest Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Depositary Shares of Series A Preferred Stock purchased at each separate price within the range set forth in footnote (2) to this Form 4.
  3. The Reporting Person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.