Joseph L. Garrett - 16 Nov 2022 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
Director
Signature
/s/ Joseph L. Garrett
Issuer symbol
PPBI
Transactions as of
16 Nov 2022
Net transactions value
-$192,600
Form type
4
Filing time
17 Nov 2022, 14:26:15 UTC
Previous filing
24 Jun 2022
Next filing
17 Mar 2023
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 $78,300 +7,500 +9.1% $10.44 89,915 16 Nov 2022 Direct F1
transaction PPBI PPBI Common Stock Sale $270,900 -7,500 -8.3% $36.12 82,415 16 Nov 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
transaction PPBI Options on PPBI Common Stock Options Exercise $0 -7,500 -100% $0.000000* 0 16 Nov 2022 PPBI Common Stock 7,500 $10.44 Direct F3
holding PPBI Options on PPBI Common Stock 7,500 16 Nov 2022 PPBI Common Stock 7,500 $15.68 Direct F4
holding PPBI Options on PPBI Common Stock 7,500 16 Nov 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.11 to $36.14, inclusive.
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.