0001028918-19-000137.txt : 20191120
0001028918-19-000137.hdr.sgml : 20191120
20191120192459
ACCESSION NUMBER: 0001028918-19-000137
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191118
FILED AS OF DATE: 20191120
DATE AS OF CHANGE: 20191120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GARDNER STEVEN R
CENTRAL INDEX KEY: 0001267342
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22193
FILM NUMBER: 191235394
MAIL ADDRESS:
STREET 1: 12131 ORVILLINA DRIVE
CITY: SANTA ANA
STATE: CA
ZIP: 92705
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_157429588382215.xml
FORM 4
X0306
4
2019-11-18
0
0001028918
PACIFIC PREMIER BANCORP INC
PPBI
0001267342
GARDNER STEVEN R
17901 VON KARMAN AVE., SUITE 1200
IRVINE
CA
92614
1
1
0
0
Chairman, President & CEO
PPBI Common Stock
2019-11-18
4
M
0
1100
10.44
A
285997
D
PPBI Common Stock
2019-11-18
4
M
0
50000
15.68
A
335997
D
PPBI Common Stock
2019-11-18
4
S
0
29574
32.562
D
306423
D
PPBI Common Stock
2019-11-19
4
M
0
43404
15.16
A
349827
D
PPBI Common Stock
2019-11-19
4
S
0
15444
32.694
D
334383
D
PPBI Common Stock
2019-11-20
4
S
0
6800
32.276
D
327583
D
Options on PPBI Common Stock
10.44
2019-11-18
4
M
0
1100
0
D
2023-01-02
PPBI Common Stock
1100.0
0
D
Options on PPBI Common Stock
15.68
2019-11-18
4
M
0
50000
0
D
2024-01-02
PPBI Common Stock
50000.0
0
D
Options on PPBI Common Stock
15.16
2019-11-19
4
M
0
43404
0
D
2025-01-28
PPBI Common Stock
43404.0
0
D
PPBI Restricted Stock Unit
PPBI Common Stock
3698.0
3698
D
PPBI Restricted Stock Unit
PPBI Common Stock
26754.0
26754
D
PPBI Restricted Stock Unit
PPBI Common Stock
54439.0
54439
D
Includes 86,320 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.40 to $32.70, inclusive.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.57 to $32.76, inclusive.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.04 to $32.36, inclusive.
The option vests in three equal annual installments beginning on 1/2/2014.
The option vests in three equal annual installments beginning on 1/2/2015.
The option 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 Restricted Stock Units will vest annually, if at all, commencing January 26, 2018 in three installments of 1/3 of the reported number of Restricted Stock Units. The amount reported represents unvested Restricted Stock Units that have not otherwise been forfeited.
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 February 28, 2021. 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.
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.
/s/ Steven R. Gardner
2019-11-20