SEC Form 4 · accession 0001028918-17-000026
PACIFIC PREMIER BANCORP INC · PPBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Tom Rice
Officer — SEVP & Chief Operating Officer
Period of report
Jan 25, 2017
Accepted (ET)
Jan 27, 2017 · 9:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001028918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PPBI Common StockF1 | Jan 25, 2017 | M | 750 | $40.10 | A | 44,426 | D | |
| PPBI Common Stock | Jan 25, 2017 | F | 282 | $40.10 | D | 44,144 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PPBI Restricted Stock UnitF3,F4 | — | Jan 25, 2017 | M | 750 | D | — | — | PPBI Common Stock | 750 | 1,500 | D |
Explanation of responses
- F1Includes 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.
- F2Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F3Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units will vest annually, if at all, commencing January 25, 2017 in three installments ranging between1/5 and 1/3 of the reported number of Restricted Stock Units.
- F4Not applicable.