SEC Form 4 · accession 0001127602-16-050930
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David William Hudson
Officer — EVP
Period of report
May 2, 2016
Accepted (ET)
May 3, 2016 · 6:56 pm EDT
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 | May 2, 2016 | M | 1,164 | $23.39 | A | 17,468 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2016 | M | 4,030 | $23.39 | A | 21,656 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2016 | M | 158 | $23.39 | A | 17,626 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2016 | M | 547 | $23.39 | A | 22,203 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF1 | May 2, 2016 | F | 475 | $23.39 | D | 21,728 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF2 | May 2, 2016 | F | 1,904 | $23.39 | D | 19,789 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF3 | May 2, 2016 | F | 35 | $23.39 | D | 21,693 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF4 | May 2, 2016 | F | 186 | $23.39 | D | 19,603 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF5 | holding | — | — | — | 3,207 | D | ||
| Common StockF6 | holding | — | — | — | 1,304 | D | ||
| Common StockF7 | holding | — | — | — | 947 | D | ||
| Common StockF8 | holding | — | — | — | 2,677 | D | ||
| Common StockF9 | holding | — | — | — | 1,338 | 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 Unit | $0.00 | May 2, 2016 | M | 1,164 | D | May 2, 2013 | May 2, 2017 | Common Stock | 1,164 | 3,622 | D |
| Restricted Stock UnitF10 | $0.00 | May 2, 2016 | M | 4,030 | D | May 4, 2015 | May 2, 2017 | Common Stock | 4,030 | 16,119 | D |
| Restricted Stock Unit | $0.00 | May 2, 2016 | M | 158 | D | May 2, 2013 | May 2, 2017 | Common Stock | 158 | 3,464 | D |
| Restricted Stock UnitF11 | $0.00 | May 2, 2016 | M | 547 | D | May 4, 2015 | May 2, 2017 | Common Stock | 547 | 2,186 | D |
Explanation of responses
- F1Shares used to cover taxes
- F10RSUs performance-based originally filed on 5/3/12 at 100% (target) performance criteria. This supplements that filing to note the actual number of shares vested based on performance results.
- F11RSUs performance-based originally filed on 12/3/12 at 100% (target) performance criteria. This supplements that filing to note the actual number shares vested based on performance results
- F2Shares used to cover taxes
- F3Shares used to cover taxes
- F4Shares used to cover taxes
- F5RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results
- F62/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F7RSUs time-based; granted 2/17/15
- F8RSU performance-based grant 2/28/14
- F9RSU time-based grant 2/28/14