SEC Form 4 · accession 0001028918-18-000072

PACIFIC PREMIER BANCORP INC · PPBI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Edward Earl Wilcox

Officer — President

Period of report

Mar 9, 2018

Accepted (ET)

Mar 13, 2018 · 9:00 pm EDT

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
PPBI Common Stock^F1	Mar 9, 2018	M	2,210	$5.01	A	95,727	D
PPBI Common Stock^F1	Mar 9, 2018	M	2,000	$6.30	A	97,727	D
PPBI Common Stock^F1	Mar 9, 2018	M	8,500	$7.87	A	106,227	D
PPBI Common Stock^F2,F1	Mar 9, 2018	F	520	$45.48	D	105,707	D
PPBI Common Stock^F2,F1	Mar 9, 2018	F	1,486	$45.00	D	104,221	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 Stock^F3	$5.01	Mar 9, 2018	M	2,210	D	—	Aug 27, 2018	PPBI Common Stock	2,210	0	D
Options on PPBI Common Stock^F4	$6.30	Mar 9, 2018	M	2,000	D	—	Jan 5, 2021	PPBI Common Stock	2,000	0	D
Options on PPBI Common Stock^F5	$7.87	Mar 9, 2018	M	8,500	D	—	Jun 5, 2022	PPBI Common Stock	8,500	16,500	D
Options on PPBI Common Stock^F6	$10.44	holding	—	—	—	—	Jan 2, 2023	PPBI Common Stock	25,000	25,000	D
Options on PPBI Common Stock^F7	$15.68	holding	—	—	—	—	Jan 2, 2024	PPBI Common Stock	25,000	25,000	D
Options on PPBI Common Stock^F8	$15.16	holding	—	—	—	—	Jan 28, 2025	PPBI Common Stock	35,000	35,000	D
PPBI Restricted Stock Unit^F9,F10	—	holding	—	—	—	—	—	PPBI Common Stock	1,792	1,792	D
PPBI Restricted Stock Unit^F11,F10	—	holding	—	—	—	—	—	PPBI Common Stock	1,665	1,665	D
PPBI Restricted Stock Unit^F12,F10	—	holding	—	—	—	—	—	PPBI Common Stock	10,404	10,404	D

Explanation of responses

F1Includes 44,632 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.
F10Not applicable.
F11Each 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.
F12Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the maximum number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment. The Restricted Stock Units will vest annually, if at all, commencing February 28, 2019. Vesting will be tied entirely to performance, all as measured by a 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking Index.
F2Represents the surrender of already-owned shares on March 9, 2018 to cover payment of option exercise price.
F3The option vests in three equal annual installments beginning on 8/27/2009.
F4The option vests in three equal annual installments beginning on 1/05/2012.
F5The option vests in three equal annual installments beginning on 6/05/2013.
F6The option vests in three equal annual installments beginning on 1/02/2014.
F7The option vests in three equal annual installments beginning on 1/02/2015.
F8The option vests in three equal annual installments beginning on 1/28/2016.
F9Each 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.