SEC Form 4 · accession 0001127602-16-070092
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
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 1:31 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 | Dec 13, 2016 | M | 16,234 | $14.31 | A | 35,837 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | Dec 13, 2016 | M | 4,512 | $14.31 | A | 40,349 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | Dec 13, 2016 | M | 3,040 | $14.77 | A | 43,389 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | Dec 13, 2016 | S | 16,234 | $31.01 | D | 27,155 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | Dec 13, 2016 | S | 4,512 | $31.04 | D | 22,643 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | Dec 13, 2016 | S | 3,040 | $31.04 | D | 19,603 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF4 | holding | — | — | — | 3,207 | D | ||
| Common StockF5 | holding | — | — | — | 1,304 | D | ||
| Common StockF6 | holding | — | — | — | 947 | D | ||
| Common StockF7 | holding | — | — | — | 2,677 | D | ||
| Common StockF8 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option | $14.31 | Dec 13, 2016 | M | 16,234 | D | May 2, 2013 | May 2, 2022 | Common Stock | 16,234 | 9,699 | D |
| Incentive Stock Option | $14.31 | Dec 13, 2016 | M | 4,512 | D | May 2, 2013 | May 2, 2022 | Common Stock | 4,512 | 5,187 | D |
| Option | $14.77 | Dec 13, 2016 | M | 3,040 | D | May 2, 2013 | Nov 2, 2022 | Common Stock | 3,040 | 760 | D |
Explanation of responses
- F1Cashless exercise of stock options
- F2Cashless exercise of stock options
- F3Cashless exercise of stock options
- F4RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results
- F52/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F6RSUs time-based; granted 2/17/15
- F7RSU performance-based grant 2/28/14
- F8RSU time-based grant 2/28/14