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