Steven R. Arnold - Mar 15, 2023 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Signature
/s/ Steven R. Arnold
Stock symbol
PPBI
Transactions as of
Mar 15, 2023
Transactions value $
-$23,440
Form type
4
Date filed
3/17/2023, 07:49 PM
Previous filing
Apr 4, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Award $0 +11K +45.82% $0.00 35.1K Mar 15, 2023 Direct F1, F2
transaction PPBI PPBI Common Stock Tax liability -$23.4K -941 -2.68% $24.91 34.2K Mar 15, 2023 Direct 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
holding PPBI Options on PPBI Common Stock 5K Mar 15, 2023 PPBI Common Stock 5K $21.54 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock with an evenly distributed 4-year vesting schedule.
F2 Includes 22,197 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 Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards.
F4 The options vests in three equal annual installments beginning 3/9/2017.