David Morimoto - 17 May 2021 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
EVP, CFO
Signature
/s/ Sherilyn Braunthal, attorney-in-fact for David Morimoto
Issuer symbol
CPF
Transactions as of
17 May 2021
Net transactions value
-$6,522
Form type
4
Filing time
18 May 2021, 21:59:58 UTC
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPF Common Stock Tax liability $6,522 -229 -11% $28.48 1,901 17 May 2021 Direct F1, F2
holding CPF Common Stock 1,766 17 May 2021 Direct F3
holding CPF Common Stock 1,909 17 May 2021 Direct F4
holding CPF Common Stock 2,377 17 May 2021 Direct
holding CPF Common Stock 865 17 May 2021 Direct F5
holding CPF Common Stock 1,489 17 May 2021 Direct F6
holding CPF Common Stock 1,997 17 May 2021 Direct F7
holding CPF Common Stock 984 17 May 2021 Direct F8
holding CPF Common Stock 8,283 17 May 2021 Direct F9
holding CPF Common Stock 5,062 17 May 2021 Direct F9
holding CPF Common Stock 869 17 May 2021 Direct F10
holding CPF Common Stock 939 17 May 2021 Direct F11
holding CPF Common Stock 1,833 17 May 2021 Direct F12
holding CPF Common Stock 255 17 May 2021 Direct
holding CPF Common Stock 5,305 17 May 2021 Direct
holding CPF Common Stock 2,399 17 May 2021 Direct
holding CPF Common Stock 455 17 May 2021 Direct F13
holding CPF Common Stock 2,586 17 May 2021 Direct F14
holding CPF Common Stock 1,949 17 May 2021 Direct F15
holding CPF Common Stock 3,575 17 May 2021 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
F2 Shares used for taxes on vested shares
F3 2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.
F4 2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/21.
F5 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.
F6 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F7 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F8 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
F9 2/16/21 RSU Time-Based Grant. Shares vest evenly over 3 years.
F10 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F11 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F12 RSU time-based grant. Shares vest evenly over 3 years
F13 RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
F14 RSU time-based grant 5/15/14. Outstanding balance as of 7/1/15. Vesting schedule: 1,000-5/15/16; 1,000-5/15/17; 1,000-5/15/18; 1,000-5/15/19
F15 RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
F16 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.