SEC Form 4 · accession 0001028918-17-000256
PACIFIC PREMIER BANCORP INC · PPBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J. Nicolas Jr.
Officer — SEVP & CFO
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 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,F2 | Nov 13, 2017 | P | 2,500 | $36.9733 | A | 2,500 | I | The Nicolas Living Trust |
| PPBI Common StockF3 | holding | — | — | — | 24,214 | 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 UnitF4,F5 | — | holding | — | — | — | — | — | PPBI Common Stock | 1,404 | 1,404 | 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 $36.9706 to $36.995, inclusive.
- F2These shares are held by The Nicolas Living Trust under agreement date 8/8/2006 (the "Trust"), Ronald D. Nicolas, Jr., Co-Trustee. The reporting person shares voting and dispositive control over shares held by the Trust.
- F3Includes 24,214 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.
- F4Each 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, 2018 in three installments ranging between 1/5 and 1/3 of the reported number of Restricted Stock Units.
- F5Not applicable.