IMMESBERGER RICHARD J 4
4 · PACIFIC PREMIER BANCORP INC · Filed Feb 2, 2021
Insider Transaction Report
Form 4
IMMESBERGER RICHARD J
EVP, Pres. of Trust Division
Transactions
- Exercise/Conversion
PPBI Common Stock
2021-01-29+571→ 29,043 total - Exercise/Conversion
PPBI Restricted Stock Unit
2021-01-29−571→ 1,145 total→ PPBI Common Stock (571 underlying) - Tax Payment
PPBI Common Stock
2021-01-29$33.25/sh−201$6,683→ 28,855 total - Exercise/Conversion
Dividend Equivalent Rights
2021-01-29−13→ 0 total→ Dividend Equivalent Rights (13 underlying) - Exercise/Conversion
PPBI Common Stock
2021-01-29+13→ 29,056 total
Holdings
- 1,716
PPBI Restricted Stock Unit
→ PPBI Common Stock (1,716 underlying)
Footnotes (8)
- [F1]Restricted Stock Units convert into common stock on a one-for-one basis.
- [F2]Each dividend equivalent unit is the economic equivalent of one share of common stock.
- [F3]Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Units.
- [F4]Includes 20,786 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.
- [F5]Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units are subject to three year graded vesting beginning on 1/29/2021.
- [F6]Not applicable.
- [F7]Dividend equivalent units accrue on the reporting person's Restricted Stock Units and become vested proportionately with the Restricted Stock Units.
- [F8]Each Restricted Stock Unit represents the right to receive one share of common stock. The Restricted Stock Units will vest, if not all, on 1/29/2023.