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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Leis George
2. Issuer Name and Ticker or Trading Symbol

PACIFIC CAPITAL BANCORP /CA/ [ PCBC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

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

1021 ANACAPA STREET, 3RD FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

7/1/2011
(Street)

SANTA BARBARA, CA 93101
(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                  6104.0000   D    
Common stock                  1947.7650   I   By 401(k)  

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
Performance Stock Option     (1) 7/1/2011     A      3531.0000       7/1/2013   7/1/2014   Common stock   3531.0000   $31.46   3531.0000   D    
Restricted Stock Unit     (2) 7/1/2011     A      5342.0000       7/1/2013   7/1/2014   Common stock   5342.0000   $31.46   5342.0000   D    

Explanation of Responses:
( 1)  On July 1, 2011, the reporting person was granted an option to purchase shares of common stock. The option was subject to vesting based on the satisfaction by Pacific Capital Bancorp of certain performance criteria for the year ending December 31, 2011. The Compensation Oversight Committee of the Board of Directors determined on March 13, 2012 that such performance criteria were satisfied. The option will now vest in two equal installments, with fifty percent (50%) vesting on July 1, 2013 and fifty percent (50%) vesting on July 1, 2014.
( 2)  On July 1, 2011, the reporting person was granted restricted stock units. Each restricted stock unit represents the contingent right to receive one share of Pacific Capital Bancorp common stock. The restricted stock units were subject to vesting based on the satisfaction by Pacific Capital Bancorp of certain performance criteria for the year ending December 31, 2011. The Compensation Oversight Committee of the Board of Directors determined on March 13, 2012 that such performance criteria were satisfied. The restricted stock units will now vest in two equal installments, with fifty percent (50%) vesting on July 1, 2013 and fifty percent (50%) vesting on July 1, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Leis George
1021 ANACAPA STREET
3RD FLOOR
SANTA BARBARA, CA 93101
X
President & COO

Signatures
Leticia Anguiano/POA 3/15/2012
** 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).
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