David Morimoto - 15 Mar 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Senior EVP, CFO
Signature
/s/ Stacey Rocha, attorney-in-fact for David Morimoto
Issuer symbol
CPF
Transactions as of
15 Mar 2022
Net transactions value
-$6,990
Form type
4
Filing time
17 Mar 2022, 18:45:58 UTC
Previous filing
04 Mar 2022
Next filing
18 May 2022
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 $6,990 -251 -14% $27.85 1,582 15 Mar 2022 Direct F1, F2
holding CPF Common Stock 1,766 15 Mar 2022 Direct F3
holding CPF Common Stock 1,909 15 Mar 2022 Direct F4
holding CPF Common Stock 859 15 Mar 2022 Direct F5
holding CPF Common Stock 2,377 15 Mar 2022 Direct
holding CPF Common Stock 865 15 Mar 2022 Direct F6
holding CPF Common Stock 1,252 15 Mar 2022 Direct F7
holding CPF Common Stock 1,711 15 Mar 2022 Direct F8
holding CPF Common Stock 1,901 15 Mar 2022 Direct F9
holding CPF Common Stock 984 15 Mar 2022 Direct F10
holding CPF Common Stock 5,283 15 Mar 2022 Direct F11
holding CPF Common Stock 7,392 15 Mar 2022 Direct F12
holding CPF Common Stock 4,518 15 Mar 2022 Direct F12
holding CPF Common Stock 869 15 Mar 2022 Direct F13
holding CPF Common Stock 939 15 Mar 2022 Direct F14
holding CPF Common Stock 255 15 Mar 2022 Direct
holding CPF Common Stock 4,405 15 Mar 2022 Direct
holding CPF Common Stock 2,399 15 Mar 2022 Direct
holding CPF Common Stock 455 15 Mar 2022 Direct F15
holding CPF Common Stock 2,586 15 Mar 2022 Direct F16
holding CPF Common Stock 1,949 15 Mar 2022 Direct F17
holding CPF Common Stock 3,575 15 Mar 2022 Direct F18
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU time-based grant. Shares vest evenly over 3 years
F2 Shares used for taxes on vested shares
F3 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.
F4 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.
F5 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.
F6 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.
F7 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F8 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F9 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
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 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18
F16 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
F17 RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16
F18 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.