SEC Form 4 · accession 0001127602-16-044180
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denis Isono
Officer — Executive Vice President
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 4:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701347
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 29, 2016 | M | 1,259 | $0.00 | A | 52,818 | I | Denis Ken Isono and Ella Saiki Isono JT TEN |
| Common Stock | Feb 29, 2016 | M | 3,323 | $0.00 | A | 56,141 | I | Denis Ken Isono and Ella Saiki Isono JT TEN |
| Common StockF1 | Feb 29, 2016 | F | 1,777 | $19.93 | D | 54,364 | I | Denis Ken Isono and Ella Saiki Isono JT TEN |
| Common StockF2,F3 | Feb 29, 2016 | F | 875 | $19.93 | D | 4,486 | D | |
| Common StockF4,F5 | Feb 29, 2016 | F | 362 | $19.93 | D | 2,196 | D | |
| Common Stock | holding | — | — | — | 261 | D | ||
| Common Stock | holding | — | — | — | 5,886 | I | CPB Foundation | |
| Common Stock | holding | — | — | — | 30 | I | Travis Isono And Ella Isono Jt Ten (son And Wife) | |
| Common Stock | holding | — | — | — | 18 | I | Tyler Isono And Ella Isono Jt Ten (son And Wife) | |
| Common StockF6 | holding | — | — | — | 4,498 | D | ||
| Common StockF7 | holding | — | — | — | 1,499 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF8,F9 | $0.00 | Feb 29, 2016 | M | 1,259 | D | — | — | Common Stock | 1,259 | 5,489 | D |
| Restricted Stock UnitF10,F11 | $0.00 | Feb 29, 2016 | M | 3,323 | D | Feb 28, 2014 | Feb 29, 2016 | Common Stock | 3,323 | 6,646 | D |
Explanation of responses
- F1Shares exercised to cover taxes related to vesting from 2/28/13 RSU & PSU grant
- F10Original share amount should be 9,969. Correction of 1 share was made to original balance.
- F11RSUs performance-based originally filed on 3/1/13 at 100% (target) performance criteria. This supplements that filing to note the actual number of shares vested based on performance results.
- F2RSUs performance-based granted 2/28/14
- F3Shares exercised to cover taxes related to vesting from 2/28/14 PSU grant.
- F4RSUs time-based granted 2/28/14
- F5Shares exercised to cover taxes related to vesting from 2/28/14 RSU grant
- F6RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results
- F7RSUs time-based; granted 2/17/15
- F83 year step vest starting 2/28/2014
- F9No expiration unless shares are forfeited prior to vesting.