4//SEC Filing
WILCOX EDWARD EARL 4
Accession 0001028918-24-000135
CIK 0001028918other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 11:05 AM ET
Size
11.8 KB
Accession
0001028918-24-000135
Insider Transaction Report
Form 4
WILCOX EDWARD EARL
EVP/Chief Banking Officer
Transactions
- Gift
PPBI Common Stock
2024-12-20−29,000→ 125,430 total(indirect: By Trust) - Gift
PPBI Common Stock
2024-12-20+29,000→ 130,509 total
Holdings
- 37,594
PPBI Restricted Stock Unit
→ PPBI Common Stock (37,594 underlying) - 34,123
PPBI Restricted Stock Unit
→ PPBI Common Stock (34,123 underlying) - 23,017
PPBI Restricted Stock Unit
→ PPBI Common Stock (23,017 underlying)
Footnotes (5)
- [F1]On December 20, 2024, the reporting person transferred 29,000 indirectly owned shares of PPBI common stock from The Wilcox Family Trust to the reporting persons individual brokerage account. The amount of shares beneficially owned following the reported transaction reflects an adjustment to the manner in which the shares were held. 129,083 shares held by The Wilcox Family Trust were previously inadvertently reported as directly beneficially owned by the reporting person.
- [F2]Shares held by The Wilcox Family Trust, Edward and Kristen Wilcox, Trustees, the beneficiaries of which are the reporting person's children.
- [F3]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.
- [F4]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.
- [F5]Not applicable.
Documents
Issuer
PACIFIC PREMIER BANCORP INC
CIK 0001028918
Entity typeother
Related Parties
1- filerCIK 0001261667
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 11:05 AM ET
- Size
- 11.8 KB