SEC Form 4 · accession 0001028918-18-000010
PACIFIC PREMIER BANCORP INC · PPBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven R Gardner
Officer — Chairman, President & CEO · Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 9:37 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 25, 2018 | M | 4,875 | $41.85 | A | 251,702 | D | |
| PPBI Common Stock | Jan 25, 2018 | F | 12,999 | $41.85 | D | 238,703 | D | |
| PPBI Common Stock | Jan 26, 2018 | M | 4,681 | $41.55 | A | 243,384 | D | |
| PPBI Common Stock | Jan 26, 2018 | F | 9,285 | $41.55 | D | 234,099 | D | |
| PPBI Common StockF2 | Jan 28, 2018 | F | 8,284 | $41.55 | D | 225,815 | 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, 2018 | M | 4,875 | D | — | — | PPBI Common Stock | 4,875 | 4,875 | D |
| PPBI Restricted Stock UnitF5,F4 | — | Jan 26, 2018 | M | 4,681 | D | — | — | PPBI Common Stock | 4,681 | 9,364 | D |
| Options on PPBI Common StockF6 | $5.01 | holding | — | — | — | — | Aug 27, 2018 | PPBI Common Stock | 26,849 | 26,849 | D |
| Options on PPBI Common StockF7 | $6.30 | holding | — | — | — | — | Jan 5, 2021 | PPBI Common Stock | 5,000 | 5,000 | D |
| Options on PPBI Common StockF8 | $7.87 | holding | — | — | — | — | Jun 5, 2022 | PPBI Common Stock | 100,000 | 100,000 | D |
| Options on PPBI Common StockF9 | $10.44 | holding | — | — | — | — | Jan 2, 2023 | PPBI Common Stock | 50,000 | 50,000 | D |
| Options on PPBI Common StockF10 | $15.68 | holding | — | — | — | — | Jan 2, 2024 | PPBI Common Stock | 50,000 | 50,000 | D |
| Options on PPBI Common StockF11 | $15.16 | holding | — | — | — | — | Jan 28, 2025 | PPBI Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
- F10The option vests in three equal annual installments beginning on 1/2/2015.
- F11The option vests in three equal annual installments beginning on 1/28/2016.
- F2Includes 56,424 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.
- 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 between 1/5 and 1/3 of the reported number of Restricted Stock Units.
- F4Not applicable.
- F5Each 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 26, 2018 in three installments ranging between 1/5 and 1/3 of the reported number of Restricted Stock Units.
- F6The option vests in three equal annual installments beginning on 8/27/2009.
- F7The option vests in three equal annual installments beginning on 1/5/2012.
- F8The option vests in three equal annual installments beginning on 6/5/2013.
- F9The option vests in three equal annual installments beginning on 1/2/2014.