RICHARD J. IMMESBERGER - 08 Jun 2021 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
SEVP/Pres. Pac. Pre. Trust
Signature
/s/ Richard J. Immesberger
Issuer symbol
PPBI
Transactions as of
08 Jun 2021
Transactions value $
-$28,807
Form type
4
Filing time
09 Jun 2021, 16:39:57 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Tax liability -$28.8K -612 -1.65% $47.07 36.5K 08 Jun 2021 Direct F1, F2

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
holding PPBI PPBI Restricted Stock Unit 1.15K 08 Jun 2021 PPBI Common Stock 1.15K Direct F3, F4
holding PPBI PPBI Restricted Stock Unit 1.72K 08 Jun 2021 PPBI Common Stock 1.72K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards.
F2 Includes 26,880 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 Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units are subject to three year graded vesting beginning on 1/29/2021.
F4 Not applicable.
F5 Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units will vest, if not all, on 1/29/2023.