FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Sugarman Steven 		2. Issuer Name and Ticker or Trading Symbol

BANC OF CALIFORNIA, INC. [ BANC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO
(Last)          (First)          (Middle)

C/O BANC OF CALIFORNIA, INC., 18500 VON KARMAN AVE, SUITE 1100 		3. Date of Earliest Transaction (MM/DD/YYYY)

4/1/2014
(Street)

IRVINE, CA 92612
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   4/1/2014     A    61125   (1) A $12.27   75263.5368   D  
 
Common Stock                  33806   I   By Steven and Ainslie Sugarman Living Trust  
Common Stock                  40   I   By Cole Sugarman Roth IRA  
Common Stock                  7500   I   By Charles Schwab & Co Inc., Cust Sugarman Enterprises, Inc. 401K FBO Ainslie Sugarman  
Common Stock                  400   I   By Hailey Sugarman Roth IRA  
Common Stock                  1475   I   By Sierra Sugarman Roth IRA  
Common Stock                  2000   I   By Steven Sugarman Roth IRA  
Common Stock                  4282   I   By Ainslie Sugarman Roth IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Purchase)   $15.81                    6/27/2012   6/27/2021   Common Stock   16165     16165   D  
 
Warrant to Purchase Class B Non-Voting Common Stock   $11                      (2)   (3) Class B Non-Voting Common Stock   960000     960000   I   By Steven and Ainslie Sugarman Living Trust  
Stock Appreciation Right   $12.65                      (4) 8/22/2022   Common Stock   70877     70877   D  
 
Stock Appreciation Right   $13                      (5) 8/22/2022   Common Stock   150993     150993   D  
 
Stock Appreciation Right   $13.49                      (5) 8/22/2022   Common Stock   104091     104091   D  
 
Stock Appreciation Right   $12.12                      (6) 8/22/2022   Common Stock   500000     500000   D  
 

Explanation of Responses:
( 1)  Represents grant of restricted stock. Shares will vest on the one-year anniversary of the grant date.
( 2)  Warrants vested in accordance with the following schedule: 50,000 shares vested on October 11, 2011 and the remainder vested in seven equal quarterly installments, beginning January 1, 2012.
( 3)  Warrants expire five years from the date vested.
( 4)  Two-thirds of the rights are currently vested, and the remaining one-third is scheduled to vest on August 21, 2014.
( 5)  One-third of the rights vested on the grant date, one-third vested on August 21, 2013 and the final one-third will vest on August 21, 2014.
( 6)  One-third of the rights vested on the grant date, one-third vested on August 21, 2013, and the remaining one-third will vest on August 21, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Sugarman Steven
C/O BANC OF CALIFORNIA, INC.
18500 VON KARMAN AVE, SUITE 1100
IRVINE, CA 92612 		X
CEO

Signatures
/s/ Richard Herrin, Attorney-in-Fact 4/3/2014
** Signature of Reporting Person Date


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 control number.
Banc of California, Inc. (NYSE:BANC.PRC)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Banc of California, Inc. Charts.
Banc of California, Inc. (NYSE:BANC.PRC)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Banc of California, Inc. Charts.