SEC Form 4 · accession 0001028918-17-000067
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
Mar 1, 2017
Accepted (ET)
Mar 6, 2017 · 5:11 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 | Mar 1, 2017 | M | 5,000 | $5.01 | A | 41,248 | D | |
| PPBI Common StockF1 | Mar 1, 2017 | M | 1,000 | $6.30 | A | 42,248 | D | |
| PPBI Common StockF2,F1 | Mar 1, 2017 | S | 6,000 | $41.3164 | D | 36,248 | 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 StockF3 | $5.01 | Mar 1, 2017 | M | 5,000 | D | — | Aug 27, 2018 | PPBI Common Stock | 5,000 | 0 | D |
| Options on PPBI Common StockF4 | $6.30 | Mar 1, 2017 | M | 1,000 | D | — | Jan 5, 2021 | PPBI Common Stock | 1,000 | 0 | D |
| Options on PPBI Common StockF5 | $7.87 | holding | — | — | — | — | Jun 5, 2022 | PPBI Common Stock | 2,500 | 2,500 | D |
| Options on PPBI Common StockF6 | $10.44 | holding | — | — | — | — | Jan 2, 2023 | PPBI Common Stock | 7,500 | 7,500 | D |
| Options on PPBI Common StockF7 | $15.68 | holding | — | — | — | — | Jan 2, 2024 | PPBI Common Stock | 7,500 | 7,500 | D |
| Options on PPBI Common StockF8 | $15.16 | holding | — | — | — | — | Jan 28, 2025 | PPBI Common Stock | 7,500 | 7,500 | 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.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.30 to $41.40, inclusive.
- F3The option vests in three equal annual installments beginning on 8/27/2009.
- F4The option vests in three equal annual installments beginning on 1/5/2012.
- F5The option vests in three equal annual installments beginning on 6/5/2013.
- F6The option vests in three equal annual installments beginning on 1/2/2014.
- F7The option vests in three equal annual installments beginning on 1/2/2015.
- F8The option vests in three equal annual installments beginning on 1/28/2016.