Filing Details
- Accession Number:
- 0001028918-19-000132
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-13 19:05:55
- Reporting Period:
- 2019-11-12
- Accepted Time:
- 2019-11-13 19:05:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1028918 | Pacific Premier Bancorp Inc | PPBI | State Commercial Banks (6022) | 330743196 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1576227 | Tom Rice | 17901 Von Karman Suite 1200 Irvine CA 92614 | Sevp/ Chief Innovation Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Ppbi Common Stock | Acquisiton | 2019-11-12 | 3,829 | $15.68 | 20,699 | No | 4 | M | Direct | |
| Ppbi Common Stock | Disposition | 2019-11-12 | 3,829 | $33.80 | 16,870 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Ppbi Common Stock | Options on PPBI Common Stock | Disposition | 2019-11-12 | 3,829 | $0.00 | 3,829 | $15.68 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,171 | 2024-01-02 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Ppbi Common Stock | 40,446 | Indirect | By The Rice Family Trust |
| Ppbi Common Stock | 3,000 | Indirect | By Charles Schwab 401(k) Plan |
| Ppbi Common Stock | 3,100 | Indirect | By Ameritrade 401(k) Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Ppbi Common Stock | Options on PPBI Common Stock | $15.16 | 2025-01-28 | 2,964 | 2,964 | Direct | |
| Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 364 | 364 | Direct | ||
| Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 5,945 | 5,945 | Direct | ||
| Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 9,213 | 9,213 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2025-01-28 | 2,964 | 2,964 | Direct |
| 364 | 364 | Direct | |
| 5,945 | 5,945 | Direct | |
| 9,213 | 9,213 | Direct |
Footnotes
- Includes 14,270 shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.75 to $33.84, inclusive.
- The options vests in three equal annual installments beginning on 1/2/2015.
- The options vests in three equal annual installments beginning on 1/28/2016.
- Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units will vest annually, if at all, commencing January 26, 2018 in three installments of 1/3 of the reported number of Restricted Stock Units.
- Not applicable.
- Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on February 28, 2021. Vesting will be tied entirely to performance, measured by a 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking.
- Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on February 28, 2022. Vesting will be tied entirely to performance, measured by a 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking.
Billionaire Hedge Funds
