Sec Form 4 Filing - Biggs John G. @ Luther Burbank Corp - 2018-12-07

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
Biggs John G.
2. Issuer Name and Ticker or Trading Symbol
Luther Burbank Corp [ LBC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO
(Last) (First) (Middle)
1500 ROSECRANS AVE, SUITE 300
3. Date of Earliest Transaction (MM/DD/YY)
12/07/2018
(Street)
MANHATTAN BEACH, CA90266
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 12/07/2018 F 28,627 ( 1 ) D $ 9.8 511,776 D
Common Stock 12/07/2018 F 4,613 ( 1 ) D $ 9.8 507,163 D
Common Stock 4,651 ( 2 ) ( 3 ) I By Self as Trustee of the John G and Dana R Biggs Lvg Tr Dtd 6-4-12 ( 4 )
Common Stock 465 ( 2 ) ( 3 ) I Custodian for Kayo Sharma ( 5 )
Common Stock 465 ( 2 ) ( 3 ) I Custodian for Skyler Sharma ( 6 )
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
Biggs John G.
1500 ROSECRANS AVE, SUITE 300
MANHATTAN BEACH, CA90266
X President, CEO
Signatures
Dawn Alger, power of attorney for John G. Biggs 12/10/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock or restricted stock units previously issued.
( 2 )Represents shares of Common Stock of Luther Burbank Corporation purchased through a directed share program in connection with the initial public offering of the Common Stock (the "IPO"), which closed on December 12, 2017.
( 3 )The shares are subject to a lock up provision for a period of 180 days, as required under a lock-up agreement with the underwriters of the IPO.
( 4 )Shares of Common Stock are held by Mr. Biggs as Trustee of the John G and Dana R Biggs Lvg Tr Dtd 6-4-12. Mr. Biggs possesses the voting and investment power with respect to the shares of Common Stock held by the trust.
( 5 )Shares of Common Stock are held in a custodial account for the benefit of Kayo Sharma. Mr. Biggs is the custodian of the account and possesses the voting and investment power with respect to the shares of Common Stock held in the custodial account.
( 6 )Shares of Common Stock are held in a custodial account for the benefit of Skyler Sharma. Mr. Biggs is the custodian of the account and possesses the voting and investment power with respect to the shares of Common Stock held in the custodial account.

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