SEC Form 4 · accession 0001127602-18-006876
CENTRAL PACIFIC FINANCIAL CORP · CPF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Morimoto
Officer — EVP, CFO
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 8:34 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, 2018 | A | 1,528 | $0.00 | A | 1,528 | D | |
| Common StockF2,F3 | Feb 15, 2018 | F | 530 | $29.44 | D | 865 | D | |
| Common StockF4,F3 | Feb 15, 2018 | F | 97 | $29.44 | D | 455 | D | |
| Common StockF5,F3 | Feb 15, 2018 | F | 203 | $29.44 | D | 1,137 | D | |
| Common StockF6,F3 | Feb 15, 2018 | F | 181 | $29.44 | D | 1,221 | D | |
| Common Stock | holding | — | — | — | 255 | D | ||
| Common Stock | holding | — | — | — | 7,005 | D | ||
| Common Stock | holding | — | — | — | 2,399 | D | ||
| Common StockF7 | holding | — | — | — | 3,232 | D | ||
| Common StockF8 | holding | — | — | — | 1,949 | D | ||
| Common StockF9 | holding | — | — | — | 4,643 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F12/15/18 RSU time-based grant. Shares vest evenly over 3 years.
- F22/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.
- F3Shares used to cover taxes for vested shares
- F4RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
- F52/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F62/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F7RSU 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
- F8RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
- F9RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.