Teresa M. Dawson - 28 Feb 2022 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Signature
/s/ Teresa M. Dawson
Issuer symbol
PPBI
Transactions as of
28 Feb 2022
Net transactions value
-$71,846
Form type
4
Filing time
02 Mar 2022, 18:21:50 UTC
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Tax liability $71,846 -1,856 -7.6% $38.71 22,499 28 Feb 2022 Direct F1, F2

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
holding PPBI Options on PPBI Common Stock 2,500 28 Feb 2022 PPBI Common Stock 2,500 $10.44 Direct F3
holding PPBI Options on PPBI Common Stock 2,500 28 Feb 2022 PPBI Common Stock 2,500 $15.68 Direct F4
holding PPBI Options on PPBI Common Stock 5,000 28 Feb 2022 PPBI Common Stock 5,000 $15.16 Direct F5
holding PPBI Options on PPBI Common Stock 7,500 28 Feb 2022 PPBI Common Stock 7,500 $20.42 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards.
F2 Includes 9,000 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.
F3 The option vests in three equal annual installments beginning on 1/2/2014.
F4 The option vests in three equal annual installments beginning on 1/2/2015.
F5 The option vests in three equal annual installments beginning on 1/28/2016.
F6 The option vests in three equal annual installments beginning on 1/5/2017.