Ownership Submission
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

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
HALIGOWSKI GEORGE W
  2. Issuer Name and Ticker or Trading Symbol
IMPERIAL CAPITAL BANCORP, INC. [IMP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
C/O IMPERIAL CAPITAL BANCORP, INC., 888 PROSPECT STREET
3. Date of Earliest Transaction (Month/Day/Year)
06/04/2008
(Street)

LA JOLLA, CA 92037
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 06/04/2008   I   400 (1) A $ 10.47 126,516 I By Def. Comp. Plan
Common Stock 06/04/2008   I   700 (1) A $ 10.48 127,216 I By Def. Comp. Plan
Common Stock 06/04/2008   I   500 (1) A $ 10.49 127,716 I By Def. Comp. Plan
Common Stock 06/04/2008   I   3,476 (1) A $ 10.5 131,192 I By Def. Comp. Plan
Common Stock 06/04/2008   I   1,400 (1) A $ 10.55 132,592 I By Def. Comp. Plan
Common Stock 06/04/2008   I   1,400 (1) A $ 10.5557 133,992 I By Def. Comp. Plan
Common Stock 06/04/2008   I   224 (1) A $ 10.64 134,216 I By Def. Comp. Plan
Common Stock               169,059 I By SERP
Common Stock               300 D  

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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
Stock Option (Right to Buy) $ 30.75               (2) 08/08/2017 Common Stock 25,000   25,000 D  
Stock Option (Right to Buy) $ 48.46             12/19/2005 12/19/2015 Common Stock 50,000   50,000 D  
Stock Option (Right to Buy) $ 14               (3) 02/02/2009 Common Stock 10,000   10,000 D  
Stock Option (Right to Buy) $ 23               (4) 02/19/2012 Common Stock 37,500   37,500 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HALIGOWSKI GEORGE W
C/O IMPERIAL CAPITAL BANCORP, INC.
888 PROSPECT STREET
LA JOLLA, CA 92037
  X     President and CEO  

Signatures

 /s/ George W. Haligowski   06/05/2008
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents acquisition of shares under the Issuer's Non-Qualified Employer Securities Deferred Compensation Plan.
(2) Vesting schedule is as follows: one-third on August 8, 2008, one-third on August 8, 2009 and one-third on August 8, 2010.
(3) One-third of the option vested on February 2, 2000, one-third vested on February 2, 2001 and one-third vested on February 2, 2002.
(4) One-third of the option vested on February 19, 2003, one-third vested on February 19, 2004 and one-third vested on February 19, 2005.

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