Sec Form 4 Filing - SCHACK WILLIAM A @ First California Financial Group, Inc. - 2013-02-25

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
SCHACK WILLIAM A
2. Issuer Name and Ticker or Trading Symbol
First California Financial Group, Inc. [ FCAL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, CCO
(Last) (First) (Middle)
3027 TOWNSGATE ROAD, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
02/25/2013
(Street)
WESTLAKE VILLAGE, CA91361
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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, $0.01 par value 02/25/2013 F 157 ( 1 ) D $ 7.93 101,052 D
Common Stock, $0.01 par value 05/28/2013 M 4,000 ( 2 ) A $ 6.75 105,052 D
Common Stock, $0.01 par value 05/28/2013 M 3,000 ( 3 ) A $ 7.35 108,052 D
Common Stock, $0.01 par value 05/28/2013 M 6,784 ( 4 ) A $ 4.93 114,836 D
Common Stock, $0.01 par value 05/28/2013 S 2 D $ 8.54 114,834 D
Common Stock, $0.01 par value 05/28/2013 S 982 D $ 8.52 113,852 D
Common Stock, $0.01 par value 05/28/2013 S 300 D $ 8.53 113,552 D
Common Stock, $0.01 par value 05/28/2013 S 3,014 D $ 8.5 110,538 D
Common Stock, $0.01 par value 05/28/2013 S 1,737 D $ 8.49 108,801 D
Common Stock, $0.01 par value 05/28/2013 S 2,063 D $ 8.48 106,738 D
Common Stock, $0.01 par value 05/28/2013 S 1,800 D $ 8.47 104,938 D
Common Stock, $0.01 par value 05/28/2013 S 1,400 D $ 8.46 103,538 D
Common Stock, $0.01 par value 05/28/2013 S 200 D $ 8.45 103,338 D
Common Stock, $0.01 par value 05/28/2013 S 100 D $ 8.4714 103,238 D
Common Stock, $0.01 par value 05/28/2013 S 100 D $ 8.4845 103,138 D
Common Stock, $0.01 par value 05/28/2013 S 100 D $ 8.4921 103,038 D
Common Stock, $0.01 par value 05/28/2013 S 1,986 D $ 8.51 101,052 ( 5 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHACK WILLIAM A
3027 TOWNSGATE ROAD
SUITE 300
WESTLAKE VILLAGE, CA91361
EVP, CCO
Signatures
/s/ Romolo Santarosa, Attorney-in-Fact 05/28/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )157 shares of common stock were surrendered to settle withholding tax on restricted stock that vested on February 25, 2013.
( 2 )4,000 stock options were exercised pursuant to a grant of stock options on June 18, 2006.
( 3 )3,000 stock options were exercised pursuant to a grant of stock options on June 12, 2009.
( 4 )6,784 stock options were exercised pursuant to a grant of stock options on February 25, 2009.
( 5 )Includes 40,000 shares of restricted stock which are part of an award of 120,000 restricted shares of common stock on July 20, 2011. 40,000 shares vested on March 20, 2012, 40,000 shares vested on March 20, 2013 and 40, 000 shares will vest on March 20, 2014. The closing price per share of the issuer's stock as of the date of the award was $3.75 per share.

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