Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 7

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 7
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(3) As reported in Amendment No. 1 to Schedule 13D filed with the SEC on August 1, 2024 by WP Clipper GG 14 L.P. (the WPGG14 Purchaser), WP Clipper FS II L.P. (the WPFSII Purchaser and, together with the WPGG14 Purchaser, the Warburg Purchasers), and various other entities affiliated with Warburg Pincus LLC. According to the amended Schedule 13D, the WPGG14 Purchaser directly holds 11,694,581 shares of the Company’s voting common stock, as to which the WPGG14 Purchaser has shared voting and dispositive powers, and the WPFSII Purchaser directly holds 3,898,193 shares of the Company’s voting common stock, as to which the WPFSII Purchaser has shared voting and dispositive powers. The shares listed in the table do not include 8,122,492 and 2,707,498 shares of voting common stock issuable upon conversion or exchange of shares of non-voting, common equivalent stock, par value $0.01 per share, of the Company (NVCE Stock), directly held by the WPGG14 Purchaser and WPFSII Purchaser, respectively, plus 11,890,244 and 3,963,414 shares of voting common stock issuable upon conversion or exchange of shares of NVCE Stock issuable upon exercise of warrants held by the WPGG14 Purchaser and WPFSII Purchaser, respectively. For information regarding certain agreements and transactions between the Company and the Warburg Purchasers, see the Transactions with Related Persons—Certain Transactions with Related Persons—Agreements and Transactions with Warburg section in this proxy statement.

(4) As reported in a Schedule 13G filed with the SEC on February 5, 2025 by State Street Corporation. The Schedule 13G reports that State Street Corporation has (i) sole voting power over zero shares, (ii) shared voting power over 969,810 shares, (iii) sole dispositive power over zero shares, and (iv) shared dispositive power over 11,268,167 shares.

(5) As reported in a Schedule 13G filed with the SEC on November 14, 2024 by T. Rowe Price Investment Management, Inc. (T. Rowe Price). The Schedule 13G reports that T. Rowe Price has (i) sole voting power over