Catherine Ngo - Feb 28, 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
President, Director
Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. A.C. Ngo
Stock symbol
CPF
Transactions as of
Feb 28, 2022
Transactions value $
$555,758
Form type
4
Date filed
3/1/2022, 05:42 PM
Previous filing
Feb 17, 2022
Next filing
Mar 17, 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 Options Exercise $500K +34.9K +36.45% $14.31 131K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F1
transaction CPF Common Stock Options Exercise $93.8K +6.55K +5.01% $14.31 137K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F1
transaction CPF Common Stock Sale -$2.89K -100 -0.07% $28.90 137K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$3.04K -105 -0.08% $28.91 137K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$5.79K -200 -0.15% $28.93 137K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$10.5K -362 -0.26% $28.94 137K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$3.47K -120 -0.09% $28.95 136K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$261 -9 -0.01% $28.96 136K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
transaction CPF Common Stock Sale -$12.1K -417 -0.31% $28.98 136K Feb 28, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00 F2
holding CPF Common Stock 5.89K Feb 28, 2022 CPB Foundation
holding CPF Common Stock 6K Feb 28, 2022 Direct F3
holding CPF Common Stock 6.79K Feb 28, 2022 Direct F4
holding CPF Common Stock 1.69K Feb 28, 2022 Direct F5
holding CPF Common Stock 7.65K Feb 28, 2022 Direct
holding CPF Common Stock 3.55K Feb 28, 2022 Direct
holding CPF Common Stock 3.37K Feb 28, 2022 Direct F6
holding CPF Common Stock 3.98K Feb 28, 2022 Direct F7
holding CPF Common Stock 3.04K Feb 28, 2022 Direct F8
holding CPF Common Stock 7.63K Feb 28, 2022 Direct F9
holding CPF Common Stock 12.1K Feb 28, 2022 Direct F10
holding CPF Common Stock 7.9K Feb 28, 2022 Direct F10
holding CPF Common Stock 2.38K Feb 28, 2022 Direct F11
holding CPF Common Stock 3.68K Feb 28, 2022 Direct F12
holding CPF Common Stock 3.8K Feb 28, 2022 Direct F13
holding CPF Common Stock 2.26K Feb 28, 2022 Direct F14
holding CPF Common Stock 9.48K Feb 28, 2022 Direct
holding CPF Common Stock 5.77K Feb 28, 2022 Direct F15
holding CPF Common Stock 2.71K Feb 28, 2022 Robert Hines IRA
holding CPF Common Stock 2.86K Feb 28, 2022 Direct F16
holding CPF Common Stock 11.4K Feb 28, 2022 Direct F17

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 CPF Incentive Stock Option Options Exercise $0 -34.9K -100% $0.00* 0 Feb 28, 2022 Common Stock 34.9K $14.31 Direct F1
transaction CPF Nonqualified Stock Option Options Exercise $0 -6.55K -100% $0.00* 0 Feb 28, 2022 Common Stock 6.55K $14.31 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Cashless exercise of stock options
F2 Shares sold were to cover exercise price and taxes on stock options that expire May 2022
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 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F7 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F8 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
F9 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
F10 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years
F11 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F12 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F13 RSU time-based grant. Shares vest evenly over 3 years
F14 RSUs time-based; granted 2/17/15
F15 RSUs performance-based were originally filed on 3/4/2014 at the maximum performance criteria. This supplements that filing to note the actual number shares that vested based on the performance results.
F16 RSUs time-based originally filed on 3/4/2014 were reported with RSUs performance-based and combined into one holding. This clarifies that filing and creates a separate holding for the RSUs time-based only.
F17 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.