Steven R. Arnold - 15 Mar 2024 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Signature
/s/ Steven R. Arnold
Issuer symbol
PPBI
Transactions as of
15 Mar 2024
Net transactions value
-$51,664
Form type
4
Filing time
19 Mar 2024, 19:17:36 UTC
Previous filing
04 Apr 2023
Next filing
02 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Award $0 +11,057 +33% $0.000000 44,904 15 Mar 2024 Direct F1
transaction PPBI PPBI Common Stock Tax liability $51,664 -2,285 -5.1% $22.61 42,619 15 Mar 2024 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 2024 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 Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards.
F3 Includes 26,775 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.
F4 The options vests in three equal annual installments beginning 3/9/2017.