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

Signature
/s/ Steven R. Arnold
Issuer symbol
PPBI
Transactions as of
15 Mar 2023
Net transactions value
-$23,440
Form type
4
Filing time
17 Mar 2023, 19:49:57 UTC
Previous filing
04 Apr 2022
Next filing
04 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Award $0 +11,040 +46% $0.000000 35,134 15 Mar 2023 Direct F1, F2
transaction PPBI PPBI Common Stock Tax liability $23,440 -941 -2.7% $24.91 34,193 15 Mar 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 5,000 15 Mar 2023 PPBI Common Stock 5,000 $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.