SEC Form 4 · accession 0001028918-18-000150
PACIFIC PREMIER BANCORP INC · PPBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Porcelli
Officer — EVP Head of Real Estate & SBA
Period of report
Jun 6, 2018
Accepted (ET)
Jun 6, 2018 · 8:19 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| PPBI Common StockF1 | Jun 6, 2018 | M | 1,000 | $10.44 | A | 11,000 | 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 | $10.44 | Jun 6, 2018 | M | 1,000 | D | — | Jan 2, 2023 | PPBI Common Stock | 1,000 | 4,000 | D |
| Options on PPBI Common StockF3 | $15.68 | holding | — | — | — | — | Jan 2, 2024 | PPBI Common Stock | 5,000 | 5,000 | D |
| Options on PPBI Common StockF4 | $15.16 | holding | — | — | — | — | Jan 28, 2025 | PPBI Common Stock | 7,500 | 7,500 | D |
| Options on PPBI Common StockF5 | $20.42 | holding | — | — | — | — | Jan 5, 2026 | PPBI Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Includes 5,000 shares of restricted stock granted on 12/12/2016 and 5,000 shares of restricted stock granted on 2/28/2018. Each restricted stock grant is subject to a three-year vesting schedule and to forfeiture upon the occurrence of certain events, in each case as specified in the applicable agreement.
- F2The option vests in three equal annual installments beginning on 1/02/2014.
- F3The option vests in three equal annual installments beginning on 1/02/2015.
- F4The option vests in three equal annual installments beginning on 1/28/2016.
- F5The option vests in three equal annual installments beginning on 1/05/2017.