David Morimoto - Mar 15, 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Senior EVP, CFO
Signature
/s/ Stacey Rocha, attorney-in-fact for David Morimoto
Stock symbol
CPF
Transactions as of
Mar 15, 2022
Transactions value $
-$6,990
Form type
4
Date filed
3/17/2022, 06:45 PM
Previous filing
Mar 4, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPF Common Stock Tax liability -$6.99K -251 -13.69% $27.85 1.58K Mar 15, 2022 Direct F1, F2
holding CPF Common Stock 1.77K Mar 15, 2022 Direct F3
holding CPF Common Stock 1.91K Mar 15, 2022 Direct F4
holding CPF Common Stock 859 Mar 15, 2022 Direct F5
holding CPF Common Stock 2.38K Mar 15, 2022 Direct
holding CPF Common Stock 865 Mar 15, 2022 Direct F6
holding CPF Common Stock 1.25K Mar 15, 2022 Direct F7
holding CPF Common Stock 1.71K Mar 15, 2022 Direct F8
holding CPF Common Stock 1.9K Mar 15, 2022 Direct F9
holding CPF Common Stock 984 Mar 15, 2022 Direct F10
holding CPF Common Stock 5.28K Mar 15, 2022 Direct F11
holding CPF Common Stock 7.39K Mar 15, 2022 Direct F12
holding CPF Common Stock 4.52K Mar 15, 2022 Direct F12
holding CPF Common Stock 869 Mar 15, 2022 Direct F13
holding CPF Common Stock 939 Mar 15, 2022 Direct F14
holding CPF Common Stock 255 Mar 15, 2022 Direct
holding CPF Common Stock 4.41K Mar 15, 2022 Direct
holding CPF Common Stock 2.4K Mar 15, 2022 Direct
holding CPF Common Stock 455 Mar 15, 2022 Direct F15
holding CPF Common Stock 2.59K Mar 15, 2022 Direct F16
holding CPF Common Stock 1.95K Mar 15, 2022 Direct F17
holding CPF Common Stock 3.58K Mar 15, 2022 Direct F18
* 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 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 2/15/19 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 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.
F7 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F8 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F9 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
F10 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
F11 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
F12 2/16/21 RSU Time-Based Grant. Shares vest evenly over 3 years.
F13 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F14 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F15 RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
F16 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
F17 RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
F18 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.