Filing Details
- Accession Number:
- 0001028918-22-000171
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-21 20:01:17
- Reporting Period:
- 2022-12-19
- Accepted Time:
- 2022-12-21 20:01:17
- 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 |
---|---|---|---|---|---|---|---|
1267342 | R Steven Gardner | 17901 Von Karman Ave., Suite 1200 Irvine CA 92614 | Chairman, President & Ceo | Yes | 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 | Disposition | 2022-12-19 | 102,638 | $31.56 | 368,482 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 92,887 | 92,887 | Direct | ||
Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 47,067 | 47,067 | Direct | ||
Ppbi Common Stock | PPBI Restricted Stock Unit | $0.00 | 58,218 | 58,218 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
92,887 | 92,887 | Direct | |
47,067 | 47,067 | Direct | |
58,218 | 58,218 | Direct |
Footnotes
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.33 to $31.77, inclusive.
- Includes 120,559 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.
- 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, if at all, following the third anniversary of the date of grant upon confirmation of achievement of certain predetermined performance goals over a 3-year performance period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of the targeted amount. 50% vesting will be based on the Company's 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking Index ("KRX"). 25% vesting will be based on the Company's average ROAA percentile performance as compared to KRX companies over the performance period. 25% vesting will be based on the Company's average ROATCE percentile performance as compared to the KRX companies over the performance period.
- Not applicable.