JEFF C. JONES - 15 Mar 2023 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Role
Director
Signature
/s/ Jeff C. Jones
Issuer symbol
PPBI
Transactions as of
15 Mar 2023
Transactions value $
$0
Form type
4
Filing time
17 Mar 2023, 19:51:54 UTC
Previous filing
17 Mar 2022
Next filing
27 Nov 2023
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 Award $0 +3.01K +41.78% $0.00 10.2K 15 Mar 2023 Direct F1, F2, F3
transaction PPBI PPBI Common Stock Gift $0 -2.03K -19.88% $0.00 8.19K 16 Mar 2023 Direct F2, F3, F4
transaction PPBI PPBI Common Stock Gift $0 +2.03K +1.58% $0.00 131K 16 Mar 2023 The Jeff and Allison Jones Family Trust F3, F4, F5

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 Options on PPBI Common Stock 7.5K 15 Mar 2023 PPBI Common Stock 7.5K $15.68 Direct F6
holding PPBI Options on PPBI Common Stock 7.5K 15 Mar 2023 PPBI Common Stock 7.5K $15.16 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock which vests in full on the first anniversary of the date of grant.
F2 Includes 3,011 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 Shares held by the Jeff and Allison Jones Family Trust were previously inadvertently reported as directly beneficially owned by the reporting person, and are now reported as indirectly beneficially owned in Table 1.
F4 On March 16, 2023, the reporting person transferred 2,031 directly owned shares of PPBI common stock to the Jeff and Allison Jones Family Trust (the "Trust"), Jeff C. Jones., Co-Trustee. The reporting person shares voting and dispositive control over shares held by the Trust.
F5 These shares are held by the Jeff and Allison Jones Family Trust. The reporting person shares voting and dispositive control over shares held by the Trust.
F6 The option vests in three equal annual installments beginning on 1/02/2015.
F7 The option vests in three equal annual installments beginning on 1/28/2016.