Agnes Catherine Ngo - Feb 15, 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. A.C. Ngo
Stock symbol
CPF
Transactions as of
Feb 15, 2022
Transactions value $
-$169,380
Form type
4
Date filed
2/17/2022, 08:16 PM
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPF Common Stock Award $0 +2.66K $0.00 2.66K Feb 15, 2022 Direct F1
transaction CPF Common Stock Tax liability -$28.9K -968 -36.43% $29.81 1.69K Feb 15, 2022 Direct F1, F2
transaction CPF Common Stock Tax liability -$12.1K -406 -10.77% $29.81 3.37K Feb 15, 2022 Direct F2, F3
transaction CPF Common Stock Tax liability -$13.9K -467 -10.5% $29.81 3.98K Feb 15, 2022 Direct F2, F4
transaction CPF Common Stock Tax liability -$69.2K -2.32K -16.13% $29.81 12.1K Feb 15, 2022 Direct F2, F5
transaction CPF Common Stock Tax liability -$45.3K -1.52K -16.13% $29.81 7.9K Feb 15, 2022 Direct F2, F5
transaction CPF Common Stock Award $0 +7.63K $0.00 7.63K Feb 15, 2022 Direct F6
holding CPF Common Stock 95.9K Feb 15, 2022 Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00
holding CPF Common Stock 5.89K Feb 15, 2022 CPB Foundation
holding CPF Common Stock 6K Feb 15, 2022 Direct F7
holding CPF Common Stock 6.79K Feb 15, 2022 Direct F8
holding CPF Common Stock 7.65K Feb 15, 2022 Direct
holding CPF Common Stock 3.55K Feb 15, 2022 Direct
holding CPF Common Stock 3.04K Feb 15, 2022 Direct F9
holding CPF Common Stock 2.38K Feb 15, 2022 Direct F10
holding CPF Common Stock 3.68K Feb 15, 2022 Direct F11
holding CPF Common Stock 3.8K Feb 15, 2022 Direct F12
holding CPF Common Stock 2.26K Feb 15, 2022 Direct F13
holding CPF Common Stock 9.48K Feb 15, 2022 Direct
holding CPF Common Stock 5.77K Feb 15, 2022 Direct F14
holding CPF Common Stock 2.71K Feb 15, 2022 Robert Hines IRA
holding CPF Common Stock 2.86K Feb 15, 2022 Direct F15
holding CPF Common Stock 11.4K Feb 15, 2022 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.
F2 Shares used to cover taxes for vested shares
F3 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
F4 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
F5 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years
F6 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
F7 2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.
F8 2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/21.
F9 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
F10 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
F11 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
F12 RSU time-based grant. Shares vest evenly over 3 years
F13 RSUs time-based; granted 2/17/15
F14 RSUs performance-based were originally filed on 3/4/2014 at the maximum performance criteria. This supplements that filing to note the actual number shares that vested based on the performance results.
F15 RSUs time-based originally filed on 3/4/2014 were reported with RSUs performance-based and combined into one holding. This clarifies that filing and creates a separate holding for the RSUs time-based only.
F16 RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.