Earl E. Fry - Aug 3, 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Director
Signature
/s/ Stacey Rocha, attorney-in-fact for Mr. Fry
Stock symbol
CPF
Transactions as of
Aug 3, 2022
Transactions value $
$74,991
Form type
4
Date filed
8/5/2022, 04:42 PM
Previous filing
Jun 6, 2022
Next filing
Feb 21, 2023

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
transaction CPF DDC CPF Shares Award $75K +3.21K $23.34 3.21K Aug 3, 2022 Common Stock 3.21K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2022 BOD Fees issued in CPF shares held in the Director's Deferred Comp Plan as phantom stock. Each phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash after the Director's termination of service.