David Morimoto - May 15, 2023 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
May 15, 2023
Transactions value $
-$3,220
Form type
4
Date filed
5/17/2023, 06:13 PM
Previous filing
Feb 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPF Common Stock Tax liability -$3.22K -229 -13.7% $14.06 1.44K May 15, 2023 Direct F8, F9
holding CPF Common Stock 1.77K May 15, 2023 Direct F1
holding CPF Common Stock 1.91K May 15, 2023 Direct F2
holding CPF Common Stock 859 May 15, 2023 Direct F3
holding CPF Common Stock 2.38K May 15, 2023 Direct
holding CPF Common Stock 865 May 15, 2023 Direct F4
holding CPF Common Stock 7.75K May 15, 2023 Direct F5
holding CPF Common Stock 1.25K May 15, 2023 Direct F6
holding CPF Common Stock 1.43K May 15, 2023 Direct F7
holding CPF Common Stock 984 May 15, 2023 Direct F10
holding CPF Common Stock 4.62K May 15, 2023 Direct F11
holding CPF Common Stock 6.51K May 15, 2023 Direct F12
holding CPF Common Stock 3.92K May 15, 2023 Direct F12
holding CPF Common Stock 869 May 15, 2023 Direct F13
holding CPF Common Stock 939 May 15, 2023 Direct F14
holding CPF Common Stock 1.58K May 15, 2023 Direct F15
holding CPF Common Stock 255 May 15, 2023 Direct
holding CPF Common Stock 4.41K May 15, 2023 Direct
holding CPF Common Stock 2.4K May 15, 2023 Direct
holding CPF Common Stock 455 May 15, 2023 Direct F16
holding CPF Common Stock 2.59K May 15, 2023 Direct F17
holding CPF Common Stock 1.95K May 15, 2023 Direct F18
holding CPF Common Stock 3.58K May 15, 2023 Direct F19
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.
F5 2/15/23 RSU Time-Based Grant. Shares vest evenly over 3 years
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 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
F9 Shares used for taxes on vested shares
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. Shares vest evenly over 3 years
F16 RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
F17 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
F18 RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
F19 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.