X0202 4 2004-11-01 0 0000701347 CENTRAL PACIFIC FINANCIAL CORP CPF 0001183201 ARNOLDUS CLINTON L CENTRAL PACIFIC FINANCIAL CORP. 220 S. KING STREET HONOLULU HI 96813 1 1 0 0 Chief Executive Officer Common stock 400 I By self as trustee for the Arnoldus Family Trust Nonqualified Stock Option 27.5 2004-09-15 2004-11-01 4 A 0 180000 27.5 A 2005-09-15 2014-09-15 Common stock 180000 180000 D Incentive stock option 27.82 2004-01-01 2013-01-01 Common stock 17970 17970 D Nonqualified stock option 27.82 2004-01-01 2013-01-01 Common stock 31635 31635 D Incentive stock option 15.095 2002-12-31 2012-01-07 Common stock 6624 6624 D Nonqualified stock option 15.095 2002-12-31 2012-01-07 Common stock 33376 33376 D Nonqualified stock option for 180,000 shares was granted on 9/15/2004, with a notification date of 11/1/2004. The grant is exercisable in three equal annual installments beginning on 9/15/2005. Incentive stock option for 17,970 shares was granted on 1/1/2003. The grant is exercisable in five equal annual installments beginning on 1/1/2004. Nonqualified stock option for 31,635 shares was granted on 1/1/2003. The grant is exercisable in five equal annual installments beginning on 1/1/2004. Clinton L. Arnoldus 2004-11-01