Home/Filings/4/0001562180-21-006532
4//SEC Filing

Wagner Tom 4

Accession 0001562180-21-006532

CIK 0001109546other

Filed

Oct 18, 8:00 PM ET

Accepted

Oct 19, 3:53 PM ET

Size

13.9 KB

Accession

0001562180-21-006532

Insider Transaction Report

Form 4
Period: 2021-10-18
Wagner Tom
Director
Transactions
  • Sale

    Stock Option (Right to Buy)

    2021-10-18$9.31/sh4,336$40,3680 total
    Exercise: $8.40Exp: 2028-02-23Common Stock (4,336 underlying)
  • Sale

    Stock Options (Right to buy)

    2021-10-18$9.31/sh23,588$219,6040 total
    Exercise: $6.77Exp: 2026-02-16Common Stock (23,588 underlying)
  • Sale

    Common Stock

    2021-10-18$9.31/sh13,990$130,2470 total
  • Sale

    Stock Options (Right to buy)

    2021-10-18$9.31/sh5,167$48,1050 total
    Exercise: $7.10Exp: 2025-02-17Common Stock (5,167 underlying)
  • Sale

    Stock Option (Right to Buy)

    2021-10-18$9.31/sh11,330$105,4820 total
    Exercise: $6.87Exp: 2024-08-21Common Stock (11,330 underlying)
Footnotes (1)
  • [F1]Pursuant to the Merger Agreement by and between Pacific Mercantile Bancorp and Banc of California, Inc. dated March 22, 2021 (the "Agreement"), all vested shares of Pacific Mercantile Bancorp will be converted to Banc of California, Inc. shares at a 2:1 ratio. The vesting of all options, RSAs and RSUs (the "Incentives") were accelerated and cashed out upon the close of the merger that occurred on October 18, 2021. The price per share used to cash out these Incentives was $9.31, and was determined pursuant to the Agreement.

Issuer

PACIFIC MERCANTILE BANCORP

CIK 0001109546

Entity typeother

Related Parties

1
  • filerCIK 0001666927

Filing Metadata

Form type
4
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 3:53 PM ET
Size
13.9 KB