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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1109546	Pacific Mercantile Bancorp	PMBC	National Commercial Banks (6021)	330898238

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1021089	L George Argyros	Arnel &Amp; Affiliates 949 South Coast Dr Suite 600 Costa Mesa CA 92626		Yes	No	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
Common	Acquisiton	2011-07-01	653,500	$7.65	763,500	No	4	C	Indirect	(*1)
Common	Acquisiton	2011-07-01	159,371	$4.95	922,871	No	4	P	Indirect	(*1)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	(*1)
No	4	P	Indirect	(*1)

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Convertible Preferred Stock	Acquisiton	2011-07-01	50,000	$100.00	653,500	$7.65

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2011-12-31		No	4	C	Indirect

Footnotes

These shares are owned in the name of the Argyros Family Trust, of which the Reported Person and his spouse are each co-trustees.
These Series A shares were issued to the undersigned by the issuer, in a private transaction, in consideration for the waiver by the undersigned of the right to receive payment from the issuer of accrued but unpaid cash dividends on the shares of Series A Convertible Preferred Stock converted by the undersigned into common stock of the issuer on July 1, 2011.
If not optionally converted sooner, the Series A shares were to be automatically converted into common stock on the later of (a) November 22,2011 or (b) the date on which all accrued but unpaid dividends on the Series A shares had been paid in cash.