0001028918-22-000106.txt : 20220401 0001028918-22-000106.hdr.sgml : 20220401 20220401182412 ACCESSION NUMBER: 0001028918-22-000106 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220331 FILED AS OF DATE: 20220401 DATE AS OF CHANGE: 20220401 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Karr Michael S CENTRAL INDEX KEY: 0001509690 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22193 FILM NUMBER: 22799858 MAIL ADDRESS: STREET 1: 1600 SUNFLOWER AVE CITY: COSTA MESA STATE: CA ZIP: 92626 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_164885183797981.xml FORM 4 X0306 4 2022-03-31 0 0001028918 PACIFIC PREMIER BANCORP INC PPBI 0001509690 Karr Michael S 17901 VON KARMAN AVE., SUITE 1200 IRVINE CA 92614 0 1 0 0 SEVP & Chief Risk Officer PPBI Common Stock 2022-03-31 4 F 0 1580 35.35 D 91970 D Options on PPBI Common Stock 15.68 2024-01-02 PPBI Common Stock 15002.0 15002 D Options on PPBI Common Stock 15.16 2025-01-28 PPBI Common Stock 19925.0 19925 D PPBI Restricted Stock Unit PPBI Common Stock 5746.0 5746 D PPBI Restricted Stock Unit PPBI Common Stock 9477.0 9477 D Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards. Includes 22,308 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. The options vests in three equal annual installments beginning on 1/2/2015. The options vests in three equal annual installments beginning on 1/28/2016. 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. Not applicable. /s/ Michael S. Karr 2022-04-01