SEC Form 4 · accession 0001127602-17-006725
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Morimoto
Officer — EVP, CFO & Treasurer
Period of report
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 7:27 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 | 1,402 | $0.00 | A | 1,402 | D | |
| Common StockF2 | Feb 15, 2017 | F | 235 | $32.09 | D | 1,340 | D | |
| Common StockF4 | Feb 15, 2017 | F | 101 | $32.09 | D | 552 | D | |
| Common Stock | holding | — | — | — | 255 | D | ||
| Common Stock | holding | — | — | — | 7,005 | D | ||
| Common Stock | holding | — | — | — | 2,399 | D | ||
| Common StockF5 | holding | — | — | — | 3,585 | D | ||
| Common StockF6 | holding | — | — | — | 1,949 | D | ||
| Common StockF7 | holding | — | — | — | 5,037 | 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
- F4RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
- F5RSU time-based grant 5/15/14. Outstanding balance as of 7/1/15. Vesting schedule: 1,000-5/15/16; 1,000-5/15/17; 1,000-5/15/18; 1,000-5/15/19
- F6RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
- F7RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.