Richard C. Thomas - Mar 15, 2022 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
Director
Signature
/s/ Richard C. Thomas
Stock symbol
PPBI
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 09:04 PM
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Award $0 +2.03K +140.55% $0.00 3.48K Mar 15, 2022 Direct F1, F2
transaction PPBI PPBI Common Stock Gift $0 -1.45K -41.57% $0.00 2.03K Mar 17, 2022 Direct F2, F3
transaction PPBI PPBI Common Stock Gift $0 +1.45K +15.61% $0.00 10.7K Mar 17, 2022 By Trust F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock which vests in full on the first anniversary of the date of grant.
F2 Includes 2,031 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. The amount of shares beneficially owned has been adjusted down one share from the previously filed Form 4 to correct for rounding in calculating the exchange of Opus Bank common stock in connection with the merger of Opus Bank into Pacific Premier Bank. Due to the fact that multiple exchange transactions occurred, one share in the aggregate was cashed out due to rounding.
F3 On March 17 2022, the reporting person transferred 1,445 directly owned shares of PPBI common stock to The Barbara J. Thomas, Richard Thomas UA 10-11-1996 Richard and Barbara Thomas Family Trust. The reporting person shares voting and disposition control over shares held by the Trust.
F4 Shares held by The Barbara J. Thomas, Richard Thomas UA 10-11-1996 Richard and Barbara Thomas Family Trust.