CHRISTOPHER D. BLAKE - 15 Feb 2022 Form 4 Insider Report for PACWEST BANCORP

Role: Pres. & CEO, Community Banking
Signature: /s/ Christopher Blake
Issuer symbol: N/A
Transactions as of: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 15:44:43 UTC
Previous filing: 09 Nov 2021
Next filing: 02 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PACW	Common Stock	Award	$0	+8,927	+16%	$0.000000	66,236	15 Feb 2022	Direct	F1
transaction	PACW	Common Stock	Award	$0	+5,389	+8.1%	$0.000000	71,625	15 Feb 2022	Direct	F2
holding	PACW	Common Stock						24,813	15 Feb 2022	By Family Trust
holding	PACW	Common Stock						281	15 Feb 2022	By IRA
holding	PACW	Common Stock						222	15 Feb 2022	By Spouse's IRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 15, 2022, Reporting Person was granted a restricted stock award ("RSA") of 8,927 shares of Issuer's common stock. This RSA will vest ratably over a four (4) year term.
F2	On February 6, 2019, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 15, 2022, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 5,389 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 28, 2022 subject to Reporting Person's satisfaction of the employment condition.

Content

On February 15, 2022, Reporting Person was granted a restricted stock award ("RSA") of 8,927 shares of Issuer's common stock. This RSA will vest ratably over a four (4) year term.

On February 6, 2019, Reporting Person was granted performance restricted stock units ("PRSUs"). Vesting of the PRSUs was conditioned upon the achievement of certain performance goals and an employment condition. On February 15, 2022, actual performance against goals for the applicable performance period was determined and the Reporting Person was awarded 5,389 shares of Issuer's common stock. These shares of Issuer's common stock will vest on February 28, 2022 subject to Reporting Person's satisfaction of the employment condition.