0001028918-23-000044.txt : 20230317 0001028918-23-000044.hdr.sgml : 20230317 20230317195048 ACCESSION NUMBER: 0001028918-23-000044 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230315 FILED AS OF DATE: 20230317 DATE AS OF CHANGE: 20230317 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GARDNER STEVEN R CENTRAL INDEX KEY: 0001267342 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22193 FILM NUMBER: 23744558 MAIL ADDRESS: STREET 1: 12131 ORVILLINA DRIVE CITY: SANTA ANA STATE: CA ZIP: 92705 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_167909703670233.xml FORM 4 X0306 4 2023-03-15 0 0001028918 PACIFIC PREMIER BANCORP INC PPBI 0001267342 GARDNER STEVEN R 17901 VON KARMAN AVE., SUITE 1200 IRVINE CA 92614 1 1 0 0 Chairman, President & CEO PPBI Common Stock 2023-03-15 4 A 0 70253 0 A 438735 D PPBI Common Stock 2023-03-15 4 F 0 15408 24.91 D 423327 D PPBI Restricted Stock Unit 2023-03-15 4 A 0 70253 0 A PPBI Common Stock 70253.0 70253 D PPBI Restricted Stock Unit PPBI Common Stock 92887.0 92887 D PPBI Restricted Stock Unit PPBI Common Stock 47067.0 47067 D PPBI Restricted Stock Unit PPBI Common Stock 58218.0 58218 D Restricted Stock with an evenly distributed 3-year vesting schedule. Includes 155,717 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. Represents shares withheld to cover the tax liability incident to the vesting of Restricted Stock Awards. 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, if at all, following the third anniversary of the date of grant upon confirmation of achievement of certain predetermined performance goals over a 3-year performance period. Depending on the actual performance achieved, the reporting person may receive between 0% and 200% of the targeted amount. 50% vesting will be based on the Company's 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. Not applicable. /s/ Steven R. Gardner 2023-03-17