4//SEC Filing
Arnold Steven R 4
Accession 0001028918-25-000122
CIK 0001028918other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 4:29 PM ET
Size
5.8 KB
Accession
0001028918-25-000122
Insider Transaction Report
Form 4
Arnold Steven R
General Counsel & Corp. Sec.
Transactions
- Disposition to Issuer
PPBI Common Stock
2025-08-31−51,042→ 0 total
Footnotes (2)
- [F1]Disposed of in connection with the Agreement and Plan of Merger (the "Merger Agreement"), dated 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 was merged with and into Columbia on August 31, 2025 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, each share of the Issuer's common stock outstanding immediately prior to the Effective Time was converted into the right to receive 0.9150 of a share of Columbia common stock, with cash (without interest) paid in lieu of fractional shares, if applicable (the "Exchange Ratio").
- [F2]Includes 28,831 shares of restricted stock ("Issuer RSA"). Pursuant to the Merger Agreement, at the Effective Time, each Issuer RSA was assumed and converted into a restricted stock award in respect of shares of Columbia common stock based on the Exchange Ratio and subject to the same terms and conditions as were applicable to the Issuer RSA immediately prior to the Effective Time.
Documents
Issuer
PACIFIC PREMIER BANCORP INC
CIK 0001028918
Entity typeother
Related Parties
1- filerCIK 0001669177
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 4:29 PM ET
- Size
- 5.8 KB