Edward Wilcox - Aug 25, 2025 Form 4 Insider Report for PACIFIC PREMIER BANCORP INC (PPBI)

Signature
/s/ Edward Wilcox
Stock symbol
PPBI
Transactions as of
Aug 25, 2025
Transactions value $
-$2,388,034
Form type
4
Date filed
8/27/2025, 04:27 PM
Previous filing
May 2, 2025
Next filing
Sep 3, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILCOX EDWARD EARL President & COO 17901 VON KARMAN AVE., SUITE 1200, IRVINE /s/ Edward Wilcox 2025-08-27 0001261667

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PPBI PPBI Common Stock Options Exercise +110K +78.22% 250K Aug 25, 2025 Direct F1
transaction PPBI PPBI Common Stock Options Exercise +9.34K +3.73% 259K Aug 25, 2025 Direct F2
transaction PPBI PPBI Common Stock Tax liability -$2.39M -98.3K -37.89% $24.30 161K Aug 25, 2025 Direct F3
holding PPBI PPBI Common Stock 125K Aug 25, 2025 By Trust F4

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 PPBI PPBI Restricted Stock Unit Options Exercise $0 -34.1K -100% $0.00 0 Aug 25, 2025 PPBI Common Stock 34.1K Direct F5, F6
transaction PPBI PPBI Restricted Stock Unit Options Exercise $0 -37.6K -100% $0.00 0 Aug 25, 2025 PPBI Common Stock 37.6K Direct F5, F6
transaction PPBI PPBI Restricted Stock Unit Options Exercise $0 -38K -100% $0.00 0 Aug 25, 2025 PPBI Common Stock 38K Direct F5, F6
transaction PPBI Dividend Equivalent Rights Options Exercise -9.34K -100% 0 Aug 25, 2025 PPBI Common Stock 9.34K Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of 109,731 shares of common stock underlying Restricted Stock Units that were accelerated and fully vested in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 23, 2025, by and among Columbia Banking System, Inc. ("Columbia"), Pacific Premier Bancorp, Inc. (the "Issuer") and Balboa Merger Sub, Inc., pursuant to which the Issuer plans to merge with and into Columbia on or about September 1, 2025.
F2 Each dividend equivalent right is the economic equivalent of one share of common stock. Dividend equivalent rights accrue on the reporting person's Restricted Stock Units and become vested proportionately with the Restricted Stock Units.
F3 Reflects payment of tax liability by withholding shares of stock incident to accelerated vesting of restricted stock, restricted stock units and dividend equivalent rights previously issued. The accelerated vesting and the release of stock was in connection with the Merger Agreement.
F4 Shares held by The Wilcox Family Trust, Edward and Kristen Wilcox, Trustees, the beneficiaries of which are the reporting person's children.
F5 Each Restricted Stock Unit represents the right to receive one share of common stock. Performance metrics, terms and/or conditions to which these Restricted Stock Units were originally subject were deemed, pursuant to the Merger Agreement, to have been achieved or satisfied, as applicable, at the target levels.
F6 Not applicable.