UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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 control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
FREMDER ANDREW B 10250 CONSTELLATION BLVD., SUITE 1640 LOS ANGELES, CA 90067 |
 X |  |  |  |
/s/ Kori L. Ogrosky, Attorney-in-Fact | 04/10/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | In connection with the merger of CapitalSource Inc. with and into PacWest Bancorp on April 7, 2014 pursuant to the Agreement and Plan of Merger, dated July 22, 2013, as amended, between PacWest and CapitalSource, the reporting person received (i) 9,986 shares of the PacWest common stock reported above, together with $86,955 in cash, in exchange for 35,200 shares of CapitalSource common stock and (ii) PacWest phantom stock with respect to 37,910 shares of the PacWest common stock reported above in exchange for 111,567 shares of CapitalSource phantom stock. The shares of PacWest common stock underlying the PacWest phantom stock are payable upon the earlier of termination of the reporting person's service as a director of PacWest and April 7, 2015. On April 7, 2014, the effective date of the merger, the closing price of CapitalSource's common stock was $15.50 per share and the closing price of PacWest's common stock was $45.83 per share. |
 Remarks: Exhibit 24.1 - Power of Attorney |