Saedene K. Ota - May 14, 2024 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Director
Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. Ota
Stock symbol
CPF
Transactions as of
May 14, 2024
Transactions value $
$71,245
Form type
4
Date filed
5/15/2024, 04:43 PM
Previous filing
May 22, 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 $71.2K +3.35K +42.46% $21.28 11.2K May 14, 2024 Common Stock 3.35K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2024 BOD Fees (covering the period 5/1/24-4/30/25) 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. The 2024 Board fees were approved by the Board Compensation Committee in July 2023.