SEC Form 4 · accession 0001028918-17-000028
PACIFIC PREMIER BANCORP INC · PPBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L McKennon
Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 27, 2017 · 9:56 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 Stock | Jan 27, 2017 | M | 5,000 | $12.10 | A | 40,000 | D | |
| PPBI Common StockF1 | Jan 27, 2017 | S | 5,000 | $40.0178 | D | 35,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options on PPBI Common StockF2 | $12.10 | Jan 27, 2017 | M | 5,000 | D | — | Jan 3, 2017 | PPBI Common Stock | 5,000 | 31,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.15, inclusive.
- F2The option vested in three equal installments on January 2, 2009, 2010, and 2011.