Saedene K. Ota - Aug 3, 2022 Form 4 Insider Report for CENTRAL PACIFIC FINANCIAL CORP (CPF)

Role
Director
Signature
/s/ Stacey Rocha, attorney-in-fact for Ms. Ota
Stock symbol
CPF
Transactions as of
Aug 3, 2022
Transactions value $
$71,234
Form type
4
Date filed
8/5/2022, 04:48 PM
Previous filing
Jun 1, 2021
Next filing
May 22, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPF DDC CPF Shares Award $71.2K +3.05K $23.34 3.05K Aug 3, 2022 Common Stock 3.05K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2022 BOD Fees issued in CPF shares held in the Director's Deferred Comp Plan as phantom stock. Each phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable in cash after the Director's termination of service.