Sec Form 4 Filing - DENNEN ROBERT J @ CU Bancorp - 2013-11-01

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 DENNEN ROBERT J 2. Issuer Name and Ticker or Trading Symbol CU Bancorp [ CUNB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP, Chief Accounting Officer (Last) (First) (Middle) C/O CU BANCORP 15821 VENTURA BLVD., SUITE 100 3. Date of Earliest Transaction (MM/DD/YY) 11/01/2013 (Street) ENCINO, CA91436 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 ( 1 ) 11/01/2013 M( 2 ) 17,179 A $ 10 24,137 D Common Stock ( 1 ) 11/01/2013 M( 2 ) 5,000 A $ 7.8 29,137 D Common Stock ( 1 ) 11/01/2013 S( 2 ) 22,139 D $ 18.5 6,998 D Common Stock ( 1 ) 11/01/2013 S( 2 ) 10 D $ 18.54 6,988 D Common Stock ( 1 ) 11/01/2013 S( 2 ) 30 D $ 18.545 6,958 D Common Stock 41,212 I IRA Common Stock 6,000 I 529 Plan Common Stock 5,000 I As Trustee of the Robert Dennen and & Randi M. Family Trust Common Stock 2,500 I As Executor of the Macel Dennen Estate Common Stock 1,000 I See Footnote ( 3 )

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 Options to Purchase Common Stock ( 4 ) $ 10 11/01/2013 M( 2 ) 17,179 ( 4 ) 05/16/2015 Common Stock 38,242 $ 0 21,063 D Options to Purchase Common Stock ( 5 ) $ 7.8 11/01/2013 M( 2 ) 5,000 ( 5 ) 01/27/2015 Common Stock 5,000 $ 0 0 D Options to Purchase Common Stock ( 6 ) $ 22 ( 6 ) 04/25/2016 Common Stock 5,000 5,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other DENNEN ROBERT J C/O CU BANCORP 15821 VENTURA BLVD. SUITE 100 ENCINO, CA91436 SVP, Chief Accounting Officer Signatures /s/ Anita Wolman, by power of attorney 11/05/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. ( 2 )The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2013. ( 3 )These shares are held by Mitchell Dennen. Mitchell Dennen is an adult son of the reporting person. ( 4 )39,063 stock options were granted under the 2005 Stock Option Plan to the reporting person on May 17, 2005. The options vested in four equal annual installments on each of May 17, 2006, 2007, 2008 and 2009, and are fully vested and exercisable. As of the date of this report, a total of 18,000 stock options were exercised by the Reporting Person. ( 5 )5,000 stock options were granted to the Reporting Person on January 27, 2009. The options vested in four equal annual installments on each of January 27, 2010, 2011, 2012 and 2013 and as of the filing date are fully vested and exercisable. As of the date of this report, a total of 5,000 stock options were exercised by the Reporting Person. ( 6 )Stock options were granted to the Reporting Person on April 26, 2006. The options vested in four equal annual installments on each of April 26, 2007, 2008, 2009 and 2010, and as of the filing date are fully vested and exercisable.

Remarks: Power of Attorney filed on September 13, 2013

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).

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