Ernest W. Hwang - Aug 18, 2021 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role: SEVP & Head of Spec. Banking
Signature: /s/ Ernest W Hwang
Stock symbol: PPBI
Transactions as of: Aug 18, 2021
Transactions value $: $8,261
Form type: 4
Date filed: 8/20/2021, 05:02 PM
Next filing: Mar 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PPBI	PPBI Common Stock	Options Exercise	$8.26K	+402	+3.21%	$20.55	12.9K	Aug 18, 2021	Direct	F1
transaction	PPBI	PPBI Common Stock	Gift	$0	-402	-3.11%	$0.00	12.5K	Aug 20, 2021	Direct	F1, F2
transaction	PPBI	PPBI Common Stock	Gift	$0	+402	+0.61%	$0.00	66.2K	Aug 20, 2021	By Trust	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PPBI	Options on PPBI Common Stock	Options Exercise	$0	-402	-2.68%	$0.00	14.6K	Aug 18, 2021	PPBI Common Stock	402	$20.55	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 7,500 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.
F2	On August 20 2021, the reporting person transferred 402 directly owned shares of PPBI common stock to the The Ernest and Kathryn Hwang Trust, (the "Trust"), Ernest Hwang, Co-Trustee. The reporting person shares voting and disposition control over shares held by the Trust.
F3	Shares held of record by The Ernest and Kathryn Hwang Trust, Ernest and Kathryn Hwang, Trustees, the sole beneficiary of which is the reporting person's child.
F4	The options vests in three equal annual installments beginning on 2/28/2017.