4//SEC Filing
Frazee Scott 4
Accession 0001721130-17-000005
CIK 0001475348other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 3:50 PM ET
Size
6.9 KB
Accession
0001721130-17-000005
Insider Transaction Report
Form 4
Frazee Scott
Deputy Chief Credit Officer
Transactions
- Award
Common Stock
2017-12-21+13,954→ 14,884 total - Award
Common Stock
2017-12-20+23,718→ 38,602 total
Footnotes (2)
- [F1]The reporting person received a restricted stock award subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary date of the grant, 33.33% on the second year anniversary, and 33.33% on the third year anniversary. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock shares that have vested.
- [F2]The reporting person received one restricted stock unit in exchange for each previously awarded phantom stock share. No changes were made to the prior vesting schedule or to deferral elections, if any. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
Documents
Issuer
Luther Burbank Corp
CIK 0001475348
Entity typeother
Related Parties
1- filerCIK 0001721130
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 3:50 PM ET
- Size
- 6.9 KB