A. Catherine Ngo - 15 Feb 2023 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Director
Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. A.C. Ngo
Issuer symbol
CPF
Transactions as of
15 Feb 2023
Net transactions value
-$212,028
Form type
4
Filing time
17 Feb 2023, 19:24:24 UTC
Previous filing
17 Mar 2022
Next filing
15 Aug 2023
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 $13,212 -557 -14% $23.72 3,424 15 Feb 2023 Direct F1, F2
transaction CPF Common Stock Tax liability $36,505 -1,539 -19% $23.72 6,363 15 Feb 2023 Direct F2, F3
transaction CPF Common Stock Tax liability $55,054 -2,321 -19% $23.72 9,746 15 Feb 2023 Direct F2, F3
transaction CPF Common Stock Tax liability $22,653 -955 -13% $23.72 6,672 15 Feb 2023 Direct F2, F4
transaction CPF Common Stock Award $0 +3,035 $0.000000 3,035 16 Feb 2023 Direct F5
transaction CPF Common Stock Award $0 +8,257 $0.000000 8,257 16 Feb 2023 Direct F6
transaction CPF Common Stock Tax liability $61,861 -2,663 -32% $23.23 5,594 16 Feb 2023 Direct F2, F6
transaction CPF Common Stock Tax liability $22,742 -979 -32% $23.23 2,056 16 Feb 2023 Direct F2, F5
holding CPF Common Stock 115,353 15 Feb 2023 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00
holding CPF Common Stock 5,886 15 Feb 2023 CPB Foundation
holding CPF Common Stock 5,995 15 Feb 2023 Direct F7
holding CPF Common Stock 6,793 15 Feb 2023 Direct F8
holding CPF Common Stock 1,689 15 Feb 2023 Direct F9
holding CPF Common Stock 7,645 15 Feb 2023 Direct
holding CPF Common Stock 3,548 15 Feb 2023 Direct
holding CPF Common Stock 3,365 15 Feb 2023 Direct F10
holding CPF Common Stock 3,039 15 Feb 2023 Direct F11
holding CPF Common Stock 2,375 15 Feb 2023 Direct F12
holding CPF Common Stock 3,681 15 Feb 2023 Direct F13
holding CPF Common Stock 3,128 15 Feb 2023 Direct F14
holding CPF Common Stock 2,258 15 Feb 2023 Direct F15
holding CPF Common Stock 9,480 15 Feb 2023 Direct
holding CPF Common Stock 5,767 15 Feb 2023 Direct F16
holding CPF Common Stock 2,714 15 Feb 2023 Robert Hines IRA
holding CPF Common Stock 2,855 15 Feb 2023 Direct F17
holding CPF Common Stock 11,431 15 Feb 2023 Direct F18
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F2 Shares used to cover taxes for vested shares
F3 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years
F4 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
F5 2/16/21 PSU Grant that cliff vests on 2/16/23. Amount reported is actual number of shares that vested and were issued on 2/16/23.
F6 2/16/21 PSU Grant that cliff vests on 2/16/23 based on 2022 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/16/23.
F7 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.
F8 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.
F9 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.
F10 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F11 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
F12 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F13 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F14 RSU time-based grant. Shares vest evenly over 3 years
F15 RSUs time-based; granted 2/17/15
F16 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.
F17 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.
F18 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.