SEC Form 4 · accession 0001127602-17-006710
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn Ching
Officer — Executive Vice President
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 6:39 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 StockF1 | Feb 15, 2017 | A | 872 | $0.00 | A | 872 | D | |
| Common StockF2 | Feb 15, 2017 | F | 220 | $32.09 | D | 1,101 | D | |
| Common StockF4 | Feb 15, 2017 | F | 646 | $32.09 | D | 5,508 | D | |
| Common StockF5 | Feb 15, 2017 | F | 128 | $32.09 | D | 456 | D | |
| Common Stock | holding | — | — | — | 2,485 | D | ||
| Common StockF6 | holding | — | — | — | 2,186 | D | ||
| Common StockF7 | holding | — | — | — | 1,926 | D | ||
| Common StockF8 | holding | — | — | — | 3,547 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F12/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F22/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F3Shares exercised to cover taxes on vested shares
- F42/16/16 RSU Grant. Shares vest equally over 5 years.
- F5RSU time-based grant 2/17/15. Outstanding balance as of 1/1/16. 3 year vesting schedule: 243-2/17/16; 242-2/17/17; 243-2/17/18
- 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
- F7RSU time-based grant 5/2/11. Outstanding balance as of 1/1/16. 5 year vesting schedule, remaining vest: 3,710-5/2/16
- F8RSU time-based grant 5/15/14. Outstanding balance as of 1/1/16. 5 year vesting schedule, remaining vests: 1000-5/15/16; 1000-5/15/17; 1000-5/15/18; 1000-5/15/19