Lori R. Wright - 15 Mar 2023 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Signature
/s/ Lori R. Wright
Issuer symbol
PPBI
Transactions as of
15 Mar 2023
Net transactions value
-$38,785
Form type
4
Filing time
17 Mar 2023, 19:52:23 UTC
Previous filing
21 Feb 2023
Next filing
15 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Award $0 +11,040 +36% $0.000000 42,019 15 Mar 2023 Direct F1, F2
transaction PPBI PPBI Common Stock Tax liability $38,785 -1,557 -3.7% $24.91 40,462 15 Mar 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock with an evenly distributed 4-year vesting schedule.
F2 Includes 24,540 shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
F3 Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards.