SEC Form 4 · accession 0001127602-17-016740
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, 2017
Accepted (ET)
May 3, 2017 · 8:35 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, 2017 | M | 4,029 | $31.51 | A | 23,632 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2017 | M | 1,165 | $31.51 | A | 24,797 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2017 | M | 546 | $31.51 | A | 25,343 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common Stock | May 2, 2017 | M | 158 | $31.51 | A | 25,501 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF1 | May 2, 2017 | F | 1,419 | $31.51 | D | 24,082 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF1 | May 2, 2017 | F | 409 | $31.51 | D | 23,673 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF1 | May 2, 2017 | F | 191 | $31.51 | D | 23,482 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF1 | May 2, 2017 | F | 54 | $31.51 | D | 23,428 | I | David Hudson and Dana Kokubun Trust dated 2/3/99 |
| Common StockF2 | holding | — | — | — | 3,207 | D | ||
| Common StockF3 | holding | — | — | — | 1,130 | D | ||
| Common StockF4 | holding | — | — | — | 825 | D | ||
| Common StockF5 | holding | — | — | — | 812 | D | ||
| Common StockF6 | holding | — | — | — | 2,065 | D | ||
| Common StockF7 | holding | — | — | — | 1,074 | 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 UnitF8 | $0.00 | May 2, 2017 | M | 4,029 | D | May 4, 2015 | May 2, 2017 | Common Stock | 4,029 | 12,090 | D |
| Restricted Stock Unit | $0.00 | May 2, 2017 | M | 1,165 | D | May 2, 2013 | May 2, 2017 | Common Stock | 1,165 | 2,299 | D |
| Restricted Stock UnitF9 | $0.00 | May 2, 2017 | M | 546 | D | May 4, 2015 | May 2, 2017 | Common Stock | 546 | 1,640 | D |
| Restricted Stock Unit | $0.00 | May 2, 2017 | M | 158 | D | May 2, 2013 | May 2, 2017 | Common Stock | 158 | 2,141 | D |
Explanation of responses
- F1Shares used to cover taxes for vested shares
- F2RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results
- F32/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F42/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F5RSUs time-based; granted 2/17/15
- F6RSU performance-based grant 2/28/14
- F7RSU time-based grant 2/28/14
- F8RSUs 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.
- F9RSUs 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