SEC Form 4 · accession 0001127602-16-053079
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance A. Mizumoto
Officer — President & CBO · Director
Period of report
May 20, 2016
Accepted (ET)
May 23, 2016 · 2:19 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 StockF1 | May 20, 2016 | M | 1,572 | $14.31 | A | 48,477 | D | |
| Common StockF2 | May 20, 2016 | S | 500 | $23.29 | D | 46,905 | D | |
| Common StockF3 | May 20, 2016 | S | 200 | $23.26 | D | 48,277 | D | |
| Common StockF4 | May 20, 2016 | S | 872 | $23.25 | D | 47,405 | D | |
| Common StockF5 | holding | — | — | — | 8,122 | D | ||
| Common StockF6 | holding | — | — | — | 3,574 | D | ||
| Common StockF7 | holding | — | — | — | 2,304 | D | ||
| Common StockF8 | holding | — | — | — | 4,645 | D | ||
| Common StockF9 | holding | — | — | — | 2,340 | D | ||
| Common StockF10 | holding | — | — | — | 6,613 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock OptionF1 | $14.31 | May 20, 2016 | M | 1,572 | D | May 2, 2013 | May 2, 2022 | Common Stock | 1,572 | 10,168 | D |
Explanation of responses
- F1Non-Qualified Stock Options Exercised
- F10RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.
- F2Cashless exercise
- F3Cashless exercise
- F4Cashless exercise
- 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
- F8RSUs performance-based granted 2/28/14
- F9RSU time-based granted 2/28/14