Edward Earl Wilcox - 01 May 2025 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
President & COO
Signature
/s/ Edward Wilcox
Issuer symbol
PPBI
Transactions as of
01 May 2025
Net transactions value
-$294,060
Form type
4
Filing time
02 May 2025, 19:07:13 UTC
Previous filing
18 Mar 2025
Next filing
27 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILCOX EDWARD EARL President & COO 17901 VON KARMAN AVE., SUITE 1200, IRVINE /s/ Edward Wilcox 02 May 2025 0001261667

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Sale $294,060 -14,500 -9.4% $20.28 140,283 01 May 2025 Direct F1
holding PPBI PPBI Common Stock 125,430 01 May 2025 By Trust 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
holding PPBI PPBI Restricted Stock Unit 34,123 01 May 2025 PPBI Common Stock 34,123 Direct F3, F4
holding PPBI PPBI Restricted Stock Unit 37,594 01 May 2025 PPBI Common Stock 37,594 Direct F3, F4
holding PPBI PPBI Restricted Stock Unit 38,014 01 May 2025 PPBI Common Stock 38,014 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 74,451 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 Shares held by The Wilcox Family Trust, Edward and Kristen Wilcox, Trustees, the beneficiaries of which are the reporting person's children.
F3 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.
F4 Not applicable.
F5 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"). 50% vesting will be based on the Company's average ROAA percentile performance as compared to KRX companies over the performance period.