Hwang Ernest W 4
4 · PACIFIC PREMIER BANCORP INC · Filed Mar 25, 2022
Insider Transaction Report
Form 4
Hwang Ernest W
EVP & Dir of Specialty Lending
Transactions
- Exercise/Conversion
PPBI Common Stock
2022-03-24$20.55/sh+14,000$287,700→ 29,042 total - Gift
PPBI Common Stock
2022-03-25+14,000→ 81,340 total(indirect: By Trust) - Exercise/Conversion
Options on PPBI Common Stock
2022-03-24−14,000→ 0 totalExercise: $20.55Exp: 2026-02-28→ PPBI Common Stock (14,000 underlying) - Gift
PPBI Common Stock
2022-03-25−14,000→ 15,042 total
Footnotes (4)
- [F1]Includes 5,000 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.
- [F2]On March 25 2022, the reporting person transferred 14,000 directly owned shares of PPBI common stock to the The Ernest and Kathryn Hwang Trust, (the "Trust"), Ernest Hwang, Co-Trustee. The reporting person shares voting and disposition control over shares held by the Trust.
- [F3]Shares held of record by The Ernest and Kathryn Hwang Trust, Ernest and Kathryn Hwang, Trustees, the sole beneficiary of which is the reporting person's child.
- [F4]The options vests in three equal annual installments beginning on 2/28/2017.