Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 70

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 70
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     |                          | — |     |        |       — |     |          |       — |     |                                                            | 21,914 |     | $                                        |   312,494 |
|               |     | PSU   |     | 3/22/2024 |     | -7 |     | $                          |       — |     | $      |         — |     | $        |         — |     |                          | — |     |        |  20,903 |     |          |  41,806 |     |                                                            |      — |     | $                                        |   371,658 |
|               |     | PSU   |     | 5/23/2024 |     | -7 |     | $                          |       — |     | $      |         — |     | $        |         — |     |                          | — |     |        | 169,033 |     |          | 169,033 |     |                                                            |      — |     | $                                        | 1,326,909 |

(1) Represents the threshold, target, and maximum amounts payable pursuant to each respective NEO’s non-equity incentive award opportunity for 2024 under the Company’s Executive Incentive Plan.

(2) Represents the grant date fair values of the awards under ASC Topic 718. For PSUs, the grant date fair value is calculated assuming achievement of the most probable outcome of the performance conditions. For PSUs that contain a market condition, a Monte Carlo simulation valuation model is used to calculate the grant date fair value of such awards. For further information, see Note 19. Stock-Based Compensation to the notes to the consolidated financial statements contained in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 3, 2025.

(3) Represents RSUs that will be issued upon vesting and will vest annually, in substantially equal installments, over a three-year period beginning on February 27, 2025.

(4) These PSUs refer to stock units subject to performance measures based on the Company’s Core ROAA, Core EPS, and the Company's total shareholder return relative to the KBW NASDAQ Regional Banking Index (Relative TSR) over a predetermined measurement period.

(5) Represents Stockholder Value Creation Award equity grant described in the Compensation Discussion and Analysis—Incentive (Performance) Based Compensation section in this proxy statement. Shares