0001028918-21-000097.txt : 20210318
0001028918-21-000097.hdr.sgml : 20210318
20210318164600
ACCESSION NUMBER: 0001028918-21-000097
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210318
FILED AS OF DATE: 20210318
DATE AS OF CHANGE: 20210318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Nicolas Ronald J. Jr.
CENTRAL INDEX KEY: 0001406485
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22193
FILM NUMBER: 21754937
MAIL ADDRESS:
STREET 1: 2727 E. IMPERIAL HIGHWAY
CITY: BREA
STATE: CA
ZIP: 92821
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PACIFIC PREMIER BANCORP INC
CENTRAL INDEX KEY: 0001028918
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 330743196
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 17901 VON KARMAN AVE
STREET 2: SUITE 1200
CITY: IRVINE
STATE: CA
ZIP: 92614
BUSINESS PHONE: 949-864-8000
MAIL ADDRESS:
STREET 1: 17901 VON KARMAN AVE
STREET 2: SUITE 1200
CITY: IRVINE
STATE: CA
ZIP: 92614
4
1
wf-form4_161610034637207.xml
FORM 4
X0306
4
2021-03-18
0
0001028918
PACIFIC PREMIER BANCORP INC
PPBI
0001406485
Nicolas Ronald J. Jr.
17901 VON KARMAN
SUITE 1200
IRVINE
CA
92614
0
1
0
0
SEVP & CFO
PPBI Common Stock
2021-03-18
4
S
0
5500
46.64
D
27055
I
The Nicolas Living Trust
PPBI Common Stock
51742
D
PPBI Restricted Stock Unit
PPBI Common Stock
14657.0
14657
D
PPBI Restricted Stock Unit
PPBI Common Stock
33174.0
33174
D
PPBI Restricted Stock Unit
PPBI Common Stock
13682.0
13682
D
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.635 to $46.64, inclusive.
These shares are held by the The Nicolas Living Trust under agreement date 8/8/2006 (the "Trust"), Ronald J. Nicolas, Jr., Co-Trustee. The reporting person shares voting and dispositive control over shares held by the Trust.
Includes 51,742 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.
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 upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on February 28, 2022. 50% vesting will be tied entirely to performance, measured by a 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.
Not applicable.
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 upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on March 31, 2023. 50% vesting will be tied entirely to performance, measured by a 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.
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 upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on March 15, 2024. 50% vesting will be tied entirely to performance, measured by a 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.
/s/ Ronald J. Nicolas Jr.
2021-03-18