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Filing Details

Accession Number:
0001028918-18-000211
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-16 18:29:13
Reporting Period:
2018-02-26
Accepted Time:
2018-11-16 18:29:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1028918 Pacific Premier Bancorp Inc PPBI State Commercial Banks (6022) 330743196
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1406485 Jr. J. Ronald Nicolas 17901 Von Karman
Suite 1200
Irvine CA 92614
Sevp & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ppbi Common Stock Disposition 2018-02-26 1,872 $0.00 29,647 No 5 G Direct
Ppbi Common Stock Acquisiton 2018-02-26 1,872 $0.00 4,372 No 5 G Indirect The Nicolas Living Trust
Ppbi Common Stock Acquisiton 2018-11-14 1,000 $29.39 5,372 No 4 P Indirect The Nicolas Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 5 G Indirect The Nicolas Living Trust
No 4 P Indirect The Nicolas Living Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Ppbi Common Stock PPBI Restricted Stock Unit $0.00 6,838 6,838 Direct
Ppbi Common Stock PPBI Restricted Stock Unit $0.00 936 936 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
6,838 6,838 Direct
936 936 Direct
Footnotes
  1. On February 26, 2018, the reporting person transferred 1,872 directly owned shares of PPBI common stock to The Nicolas Living Trust under agreement date 8/8/2006 (the "Trust"), Ronald J. Nicolas, Jr., Co-Trustee. The reporting person shares voting and dispositive control over shares held by the Trust.
  2. "Bona fide gift" and involved no payment of consideration by the recipient of the gift.
  3. Includes 29,647 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.
  4. The price reported in column 4 is a weighted average. These shares were purchased in multiple transactions at prices ranging from $29.37 to $29.39, inclusive.
  5. Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the maximum number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. The Restricted Stock Units will vest annually, if at all, commencing February 28, 2019. 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.
  6. Not applicable
  7. 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 ranging between 1/5 and 1/3 of the reported number of Restricted Stock Units.