4//SEC Filing
WILCOX EDWARD EARL 4
Accession 0001028918-24-000110
CIK 0001028918other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 5:58 PM ET
Size
14.2 KB
Accession
0001028918-24-000110
Insider Transaction Report
Form 4
WILCOX EDWARD EARL
EVP/Chief Banking Officer
Transactions
- Exercise/Conversion
Options on PPBI Common Stock
2024-09-09−30,499→ 0 totalExercise: $15.16Exp: 2025-01-28→ PPBI Common Stock (30,499 underlying) - Exercise/Conversion
PPBI Common Stock
2024-09-09$15.16/sh+30,499$462,365→ 261,091 total - Sale
PPBI Common Stock
2024-09-09$23.63/sh−30,499$720,691→ 230,592 total
Holdings
- 25,347(indirect: By Trust)
PPBI Common Stock
- 23,017
PPBI Restricted Stock Unit
→ PPBI Common Stock (23,017 underlying) - 34,123
PPBI Restricted Stock Unit
→ PPBI Common Stock (34,123 underlying) - 37,594
PPBI Restricted Stock Unit
→ PPBI Common Stock (37,594 underlying)
Footnotes (6)
- [F1]Includes 68,016 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]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.61 to $23.72, inclusive.
- [F3]Shares held by The Wilcox Family Trust, Edward and Kristen Wilcox, Trustees, the beneficiaries of which are the reporting person's children.
- [F4]The option vests in three equal annual installments beginning on 1/28/2016.
- [F5]Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest, if at all, following the third anniversary of the date of grant upon confirmation of achievement of certain predetermined performance goals over a 3-year performance period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of the targeted amount. 50% vesting will be based on the Company's 3-year average relative total shareholder return percentile range compared to the Keefe, Bruyette & Woods, Inc. Regional Banking Index ("KRX"). 25% vesting will be based on the Company's average ROAA percentile performance as compared to KRX companies over the performance period. 25% vesting will be based on the Company's average ROATCE percentile performance as compared to the KRX companies over the performance period.
- [F6]Not applicable.
Documents
Issuer
PACIFIC PREMIER BANCORP INC
CIK 0001028918
Entity typeother
Related Parties
1- filerCIK 0001261667
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 5:58 PM ET
- Size
- 14.2 KB