A. Catherine Ngo - 15 Mar 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. A.C. Ngo
Issuer symbol
CPF
Transactions as of
15 Mar 2022
Net transactions value
-$18,687
Form type
4
Filing time
17 Mar 2022, 18:42:06 UTC
Previous filing
01 Mar 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPF Common Stock Tax liability $18,687 -671 -18% $27.85 3,128 15 Mar 2022 Direct F1, F2
holding CPF Common Stock 115,353 15 Mar 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00
holding CPF Common Stock 5,886 15 Mar 2022 CPB Foundation
holding CPF Common Stock 5,995 15 Mar 2022 Direct F3
holding CPF Common Stock 6,793 15 Mar 2022 Direct F4
holding CPF Common Stock 1,689 15 Mar 2022 Direct F5
holding CPF Common Stock 7,645 15 Mar 2022 Direct
holding CPF Common Stock 3,548 15 Mar 2022 Direct
holding CPF Common Stock 3,365 15 Mar 2022 Direct F6
holding CPF Common Stock 3,981 15 Mar 2022 Direct F7
holding CPF Common Stock 3,039 15 Mar 2022 Direct F8
holding CPF Common Stock 7,627 15 Mar 2022 Direct F9
holding CPF Common Stock 12,067 15 Mar 2022 Direct F10
holding CPF Common Stock 7,902 15 Mar 2022 Direct F10
holding CPF Common Stock 2,375 15 Mar 2022 Direct F11
holding CPF Common Stock 3,681 15 Mar 2022 Direct F12
holding CPF Common Stock 2,258 15 Mar 2022 Direct F13
holding CPF Common Stock 9,480 15 Mar 2022 Direct
holding CPF Common Stock 5,767 15 Mar 2022 Direct F14
holding CPF Common Stock 2,714 15 Mar 2022 Robert Hines IRA
holding CPF Common Stock 2,855 15 Mar 2022 Direct F15
holding CPF Common Stock 11,431 15 Mar 2022 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU time-based grant. Shares vest evenly over 3 years
F2 Shares used to cover taxes for 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 2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.
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 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
F10 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years
F11 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F12 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F13 RSUs time-based; granted 2/17/15
F14 RSUs performance-based were originally filed on 3/4/2014 at the maximum performance criteria. This supplements that filing to note the actual number shares that vested based on the performance results.
F15 RSUs time-based originally filed on 3/4/2014 were reported with RSUs performance-based and combined into one holding. This clarifies that filing and creates a separate holding for the RSUs time-based only.
F16 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.