0001028918-19-000148.txt : 20191212 0001028918-19-000148.hdr.sgml : 20191212 20191212195126 ACCESSION NUMBER: 0001028918-19-000148 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191212 FILED AS OF DATE: 20191212 DATE AS OF CHANGE: 20191212 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RICE TOM CENTRAL INDEX KEY: 0001576227 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22193 FILM NUMBER: 191283030 MAIL ADDRESS: STREET 1: 17901 VON KARMAN AVENUE STREET 2: SUITE 1200 CITY: IRVINE STATE: CA ZIP: 92614 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PACIFIC PREMIER BANCORP INC CENTRAL INDEX KEY: 0001028918 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 330743196 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 17901 VON KARMAN AVE STREET 2: SUITE 1200 CITY: IRVINE STATE: CA ZIP: 92614 BUSINESS PHONE: 949-864-8000 MAIL ADDRESS: STREET 1: 17901 VON KARMAN AVE STREET 2: SUITE 1200 CITY: IRVINE STATE: CA ZIP: 92614 4 1 wf-form4_157619826817471.xml FORM 4 X0306 4 2019-12-12 0 0001028918 PACIFIC PREMIER BANCORP INC PPBI 0001576227 RICE TOM 17901 VON KARMAN SUITE 1200 IRVINE CA 92614 0 1 0 0 SEVP/ Chief Innovation Officer PPBI Common Stock 16870 D PPBI Common Stock 2019-12-12 4 S 0 3100 33.307 D 0 I By Ameritrade 401(k) Plan PPBI Common Stock 2019-12-12 4 S 0 3000 33.267 D 0 I By Charles Schwab 401(k) Plan PPBI Common Stock 40446 I By The Rice Family Trust Options on PPBI Common Stock 15.68 2024-01-02 PPBI Common Stock 16171.0 16171 D Options on PPBI Common Stock 15.16 2025-01-28 PPBI Common Stock 2964.0 2964 D PPBI Restricted Stock Unit PPBI Common Stock 364.0 364 D PPBI Restricted Stock Unit PPBI Common Stock 5945.0 5945 D PPBI Restricted Stock Unit PPBI Common Stock 9213.0 9213 D Includes 14,270 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. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.25 to $33.29, inclusive. The options vests in three equal annual installments beginning on 1/2/2015. The options vests in three equal annual installments beginning on 1/28/2016. 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 of 1/3 of the reported number of Restricted Stock Units. Not applicable. Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on February 28, 2021. 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. Each Restricted Stock Unit represents the right to receive one share of common stock. The amount reported reflects the targeted number of Restricted Stock Units that may vest upon achievement of certain predetermined performance goals and assuming continued employment through the vesting period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of such targeted amount. The Restricted Stock Units will vest, if at all, on February 28, 2022. 50% 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 ("KRX"). 25% vesting will be based on the Company's average ROAA percentile performance as compared to KRX companies over the Performance Period. 25% vesting will be based on the Company's average ROATCE percentile performance as compared to the KRX companies over the Performance Period. /s/ Tom Rice 2019-12-12