| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PPBI | PPBI Common Stock | Award | $0 | +14.1K | +31.49% | $0.00 | 58.7K | Mar 15, 2023 | Direct | F1, F2, F3 |
| transaction | PPBI | PPBI Common Stock | Tax liability | -$66.6K | -2.67K | -4.56% | $24.91 | 56K | Mar 15, 2023 | Direct | F2, F3, F4 |
| transaction | PPBI | PPBI Common Stock | Gift | $0 | -24.7K | -44.13% | $0.00 | 31.3K | Mar 16, 2023 | Direct | F2, F3, F5 |
| transaction | PPBI | PPBI Common Stock | Gift | $0 | +24.7K | +52.21% | $0.00 | 72.1K | Mar 15, 2023 | The Karr Family Revocable Trust dated February 15, 2005 | F3, F5, F6 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | PPBI | PPBI Restricted Stock Unit | Award | $0 | +14.1K | $0.00 | 14.1K | Mar 15, 2023 | PPBI Common Stock | 14.1K | Direct | F7, F8 | ||
| holding | PPBI | PPBI Restricted Stock Unit | 5.75K | Mar 15, 2023 | PPBI Common Stock | 5.75K | Direct | F7, F8 | ||||||
| holding | PPBI | PPBI Restricted Stock Unit | 9.48K | Mar 15, 2023 | PPBI Common Stock | 9.48K | Direct | F7, F8 | ||||||
| holding | PPBI | Options on PPBI Common Stock | 15K | Mar 15, 2023 | PPBI Common Stock | 15K | $15.68 | Direct | F9 | |||||
| holding | PPBI | Options on PPBI Common Stock | 19.9K | Mar 15, 2023 | PPBI Common Stock | 19.9K | $15.16 | Direct | F10 |
| Id | Content |
|---|---|
| F1 | Restricted Stock with an evenly distributed 3-year vesting schedule. |
| F2 | Includes 31,285 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 | Reflects an adjustment to the total number of shares previously reported by the reporting person after a reconciliation of such person's ownership records. The reporting person previously inadvertently overreported aggregate beneficial ownership in column 5 of Table I by 10 shares. Additionally, shares held by The Karr Family Revocable Trust dated February 15, 2005 were previously inadvertently reported as directly beneficially owned by the reporting person and are now reported as indirectly beneficially owned. |
| F4 | Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards. |
| F5 | On March 16, 2023, the reporting person transferred 24,714 directly owned shares of PPBI common stock to The Karr Family Revocable Trust dated February 15, 2005. The reporting person shares voting and disposition control over shares held by the Trust. |
| F6 | Shares held by The Karr Family Revocable Trust dated February 15, 2005. |
| F7 | Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest, if at all, following the third anniversary of the date of grant upon confirmation of achievement of certain predetermined performance goals over a 3-year performance period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of the targeted amount. 50% vesting will be based on the Company's 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking Index ("KRX"). 25% vesting will be based on the Company's average ROAA percentile performance as compared to KRX companies over the performance period. 25% vesting will be based on the Company's average ROATCE percentile performance as compared to the KRX companies over the performance period. |
| F8 | Not applicable. |
| F9 | The options vests in three equal annual installments beginning on 1/2/2015. |
| F10 | The options vests in three equal annual installments beginning on 1/28/2016. |