# EDGAR Filing Document

**Accession Number:** 0001334871
**File Stem:** 0001567619-23-000568
**Filing Date:** 2023-1
**Character Count:** 10337
**Document Hash:** b94d9ace1e8939d8efb6a15b196da573
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001567619-23-000568.hdr.sgml**: 20230105

**ACCESSION NUMBER**: 0001567619-23-000568

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221221

**FILED AS OF DATE**: 20230105

**DATE AS OF CHANGE**: 20230105

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Plourd Martin E
- **CENTRAL INDEX KEY:** 0001334871

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-23575
- **FILM NUMBER:** 23513078

**MAIL ADDRESS:**
- **STREET 1:** 27710 JEFFERSON AVE., SUITE A-100
- **CITY:** TEMECULA
- **STATE:** CA
- **ZIP:** 92590
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COMMUNITY WEST BANCSHARES /
- **CENTRAL INDEX KEY:** 0001051343
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 770446957
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 445 PINE AVE
- **CITY:** GOLETA
- **STATE:** CA
- **ZIP:** 93117
- **BUSINESS PHONE:** 8056925821

**MAIL ADDRESS:**
- **STREET 1:** 445 PINE AVE
- **CITY:** GOLETA
- **STATE:** CA
- **ZIP:** 93117

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Plourd Martin E<br><sub>(Last) (First) (Middle)</sub><br>445 PINE AVE.<br><sub>(Street)</sub><br>GOLETA, CA 93117<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2022-12-21 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President & CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>COMMUNITY WEST BANCSHARES / [ CWBC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2022-12-21 |  | G<sup>(1)</sup> |  | 1200 | D | $0 | 110550 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Option (right to buy) | $7.31 |  |  |  |  |  |  | 2015-01-30<sup>(2)</sup> | 2024-01-30 | Common Stock | 20000 |  | 20000 | D |  |
| Stock Option (right to buy) | $6.70 |  |  |  |  |  |  | 2016-03-26<sup>(3)</sup> | 2025-03-26 | Common Stock | 1650 |  | 1650 | D |  |
| Stock Option (right to buy) | $6.70 |  |  |  |  |  |  | 2016-03-26<sup>(4)</sup> | 2025-03-26 | Common Stock | 20000 |  | 20000 | D |  |
| Stock Option (right to buy) | $6.86 |  |  |  |  |  |  | 2017-03-26<sup>(5)</sup> | 2026-03-26 | Common Stock | 25000 |  | 25000 | D |  |
| Stock Option (right to buy) | $10.30 |  |  |  |  |  |  | 2018-02-22<sup>(6)</sup> | 2027-02-22 | Common Stock | 20000 |  | 20000 | D |  |
| Stock Option (right to buy) | $10.99 |  |  |  |  |  |  | 2018-12-20<sup>(7)</sup> | 2027-12-20 | Common Stock | 10000 |  | 10000 | D |  |
| Stock Option (right to buy) | $10.56 |  |  |  |  |  |  | 2019-11-15<sup>(8)</sup> | 2028-11-15 | Common Stock | 20000 |  | 20000 | D |  |
| Stock Option (right to buy) | $10.70 |  |  |  |  |  |  | 2021-02-27<sup>(9)</sup> | 2030-02-27 | Common Stock | 20000 |  | 20000 | D |  |
| Stock Option (right to buy) | $6.71 |  |  |  |  |  |  | 2021-04-29<sup>(10)</sup> | 2030-04-29 | Common Stock | 3000 |  | 3000 | D |  |
| Stock Option (right to buy) | $9.89 |  |  |  |  |  |  | 2022-02-25<sup>(11)</sup> | 2031-02-25 | Common Stock | 25000 |  | 25000 | D |  |
| Stock Option (right to buy) | $12.94 |  |  |  |  |  |  | 2022-11-18<sup>(12)</sup> | 2031-11-18 | Common Stock | 20000 |  | 20000 | D |  |
| Restricted Stock Award | $0 |  |  |  |  |  |  | 2022-11-18<sup>(13)</sup> | <sup>(16)</sup> | Common Stock | 10000 |  | 10000 | D |  |
| Restricted Stock Award | $0 |  |  |  |  |  |  | 2023-11-17<sup>(14)</sup> | <sup>(16)</sup> | Common Stock | 6000 |  | 6000 | D |  |
| Stock Option (right to buy) | $14.72 |  |  |  |  |  |  | 2023-11-17<sup>(15)</sup> | 2032-11-17 | Common Stock | 10000 |  | 10000 | D |  |

---

### Footnotes:

(1) On December 21, 2022, Marty Plourd gifted and transferred 1,200 directly owned shares of CWBC common stock to his children, Scholarship foundation, local church and hospital.

(2) The option was granted on January 30, 2014 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on January 30 of 2015, 2016, 2017, 2018, and 2019.

(3) The option was granted on March 26, 2015, and was originally exercisable for 5,000 shares. The reporting person previously partially exercised the option to acquire 3,350 shares; thus, there are 1,650 remaining options shares underlying the option. The remaining portion of the option vests as follows: 650 shares on March 26, 2019; and 1000 shares on March 26, 2020.

(4) The option was granted on March 26, 2015 under CWB 2006 Stock Option Plan and vests over five year as follows: 4,000 option shares on March 26 of 2016, 2017, 2018, 2019, and 2020.

(5) The option was granted on March 24, 2016 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on March 24 of 2017, 2018, 2019, 2020, and 2021.

(6) The option was granted on February 22, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 22 of 2018, 2019, 2020, 2021, and 2022.

(7) The option was granted on December 20, 2017 under CWB 2014 Stock Option Plan and vests over five year as follows: 2,000 option shares on December 20 of 2018, 2019, 2020, 2021, and 2022.

(8) The option was granted on November 15, 2018 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on November 15 of 2019, 2020, 2021, 2022, and 2023.

(9) The option was granted on February 27, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 4,000 option shares on February 27 of 2021, 2022, 2023, 2024, and 2025.

(10) The option was granted on April 29, 2020 under CWB 2014 Stock Option Plan and vests over five year as follows: 600 option shares on April 29 of 2021, 2022, 2023, 2024, and 2025.

(11) The option was granted on February 25, 2021 under CWB 2014 Stock Option Plan and vests over five year as follows: 5,000 option shares on February 25 of 2022, 2023, 2024, 2025, and 2026.

(12) The option was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 4,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026.

(13) The restricted stock was granted on November 18, 2021 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 18 of 2022, 2023, 2024, 2025, and 2026.

(14) The restricted stock was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 1,200 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027.

(15) The option was granted on November 17, 2022 under CWB 2020 Omnibus Plan and vests over five year as follows: 2,000 option shares on November 17 of 2023, 2024, 2025, 2026, and 2027.

(16) Not applicable.

**Signature:** Nadia Young for Martin E. Plourd  
**Date:** 2022-12-21

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**