Filing Details

Accession Number:
0001028918-23-000133
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-01 17:15:49
Reporting Period:
2023-11-30
Accepted Time:
2023-12-01 17:15:49
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 Ave., 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 Disposition 2023-11-30 15,168 $22.61 64,500 No 4 S Indirect By The Rice Family Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By The Rice Family Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ppbi Common Stock 32,885 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 5,746 5,746 Direct
Ppbi Common Stock PPBI Restricted Stock Unit $0.00 9,477 9,477 Direct
Ppbi Common Stock PPBI Restricted Stock Unit $0.00 14,051 14,051 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,746 5,746 Direct
9,477 9,477 Direct
14,051 14,051 Direct
Footnotes
  1. Includes 30,285 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.
  2. 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.
  3. Not applicable.