Joseph L. Garrett - 10 May 2022 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
Director
Signature
/s/ Joseph L. Garrett
Issuer symbol
PPBI
Transactions as of
10 May 2022
Net transactions value
-$58,350
Form type
4
Filing time
11 May 2022, 16:56:46 UTC
Previous filing
17 Mar 2022
Next filing
24 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Options Exercise $19,675 +2,500 +3% $7.87 85,575 10 May 2022 Direct F1
transaction PPBI PPBI Common Stock Sale $78,025 -2,500 -2.9% $31.21 83,075 10 May 2022 Direct F1

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 -2,500 -100% $0.000000* 0 10 May 2022 PPBI Common Stock 2,500 $7.87 Direct F2
holding PPBI Options on PPBI Common Stock 7,500 10 May 2022 PPBI Common Stock 7,500 $10.44 Direct F3
holding PPBI Options on PPBI Common Stock 7,500 10 May 2022 PPBI Common Stock 7,500 $15.68 Direct F4
holding PPBI Options on PPBI Common Stock 7,500 10 May 2022 PPBI Common Stock 7,500 $15.16 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The option vests in three equal annual installments beginning on 6/05/2013.
F3 The option vests in three equal annual installments beginning on 1/02/2014.
F4 The option vests in three equal annual installments beginning on 1/02/2015.
F5 The option vests in three equal annual installments beginning on 1/28/2016.