* |
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) |
Received in exchange for 66,594 shares of Foothill Independent Bancorp common stock based on an exchange ratio of 0.4523 of a share of First Community common stock in exchange for each share of Foothill common stock in connection with the acquisition of Foothill Independent Bancorp by First Community Bancorp (the "Merger") which was completed on May 9, 2006. On the effective date of the Merger, the closing price of Foothill Independent Bancorp's common stock was $26.67 per share, and the closing price of First Community Bancorp's common stock was $59.23 per share. |
(2) |
Received in exchange for 13,809 shares of Foothill Independent Bancorp common stock based on an exchange ratio of 0.4523 of a share of First Community common stock in exchange for each share of Foothill common stock in connection with the acquisition of Foothill Independent Bancorp by First Community Bancorp (the "Merger") which was completed on May 9, 2006. On the effective date of the Merger, the closing price of Foothill Independent Bancorp's common stock was $26.67 per share, and the closing price of First Community Bancorp's common stock was $59.23 per share. |
(3) |
The shares acquired represent a grant of restricted stock to the reporting person effective May 15, 2006. The grant will vest in thirds annually beginning on May 9, 2008 and ending on May 9, 2010. |
(4) |
The transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to, without limitation, Rule 16b-3. |