Joseph L. Garrett - 01 Nov 2023 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
Director
Signature
/s/ Joseph L. Garrett
Issuer symbol
PPBI
Transactions as of
01 Nov 2023
Net transactions value
-$22,650
Form type
4
Filing time
02 Nov 2023, 18:23:05 UTC
Previous filing
17 Mar 2023
Next filing
19 Mar 2024
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 $117,600 +7,500 +8.8% $15.68 92,926 01 Nov 2023 Direct F1
transaction PPBI PPBI Common Stock Sale $140,250 -7,500 -8.1% $18.70 85,426 01 Nov 2023 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 01 Nov 2023 PPBI Common Stock 7,500 $15.68 Direct F3
holding PPBI Options on PPBI Common Stock 7,500 01 Nov 2023 PPBI Common Stock 7,500 $15.16 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,011 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 $18.67 to $18.75, inclusive.
F3 The option vested in three equal annual installments beginning on 1/02/2015.
F4 The option vests in three equal annual installments beginning on 1/28/2016.