Filing Details

Accession Number:
0001181431-11-041945
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-21 18:57:52
Reporting Period:
2011-07-20
Filing Date:
2011-07-21
Accepted Time:
2011-07-21 18:57:52
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1370291 First California Financial Group Inc. FCAL State Commercial Banks (6022) 383737811
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1233960 A William Schack 3027 Townsgate Road
Suite 300
Westlake Village CA 91361
Evp, Chief Credit 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, $0.01 Par Value Acquisiton 2011-07-20 120,000 $3.75 123,165 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Footnotes
  1. 120,000 restricted shares of common stock were granted to the reporting person on July 20, 2011. The closing price per share of the issuer's stock as of that date was $3.75 per share. 50% of the restricted stock grants (60,000 shares) are subject to time-based vesting pursuant to which 20,000 shares will vest on each of March 20, 2012, 2013 and 2014. The remaining 50% (60,000 shares) is subject to performance-based vesting pursuant to which 20,000 shares will vest on each of March 20, 2012, 2013 and 2014 provided that certain performance measure are achieved with respect to the fiscal year ending immediately prior to the applicable vesting date. Failure to achieve the performance measures will result in forfeiture of the shares of restricted stock subject to the applicable vesting date.
  2. Includes previously reported 3,165 shares of restricted stock granted on February 25, 2009 that will vest in equal installments on each of February 25, 2010, 2011, 2012, 2013 and 2014.