|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options on PPBI Common Stock | $ 7.1 | 08/22/2017 | M | 16,666 | (4) | 01/02/2018 | PPBI Common Stock | 16,666 | $ 7.1 | 8,334 | D | ||||
Options on PPBI Common Stock | $ 7.1 | 08/22/2017 | M | 8,334 | (4) | 01/02/2018 | PPBI Common Stock | 8,334 | $ 7.1 | 0 | D | ||||
Options on PPBI Common Stock | $ 5.01 | 08/22/2017 | M | 8,151 | (5) | 08/27/2018 | PPBI Common Stock | 8,151 | $ 5.01 | 26,849 | D | ||||
PPBI Restricted Stock Unit | (6) | (6) | (7) | PPBI Common Stock | 9,750 | 9,750 | D | ||||||||
Options on PPBI Common Stock | $ 6.3 | (8) | 01/05/2021 | PPBI Common Stock | 5,000 | 5,000 | D | ||||||||
PPBI Restricted Stock Unit | (9) | (9) | (7) | PPBI Common Stock | 14,045 | 14,045 | D | ||||||||
Options on PPBI Common Stock | $ 15.68 | (10) | 01/02/2024 | PPBI Common Stock | 50,000 | 50,000 | D | ||||||||
Options on PPBI Common Stock | $ 10.44 | (11) | 01/02/2023 | PPBI Common Stock | 50,000 | 50,000 | D | ||||||||
Options on PPBI Common Stock | $ 15.16 | (12) | 01/28/2025 | PPBI Common Stock | 50,000 | 50,000 | D | ||||||||
Options on PPBI Common Stock | $ 7.87 | (13) | 06/05/2022 | PPBI Common Stock | 100,000 | 100,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GARDNER STEVEN R 17901 VON KARMAN AVE., SUITE 1200 IRVINE, CA 92614 |
X | Chairman, President & CEO |
Steven R. Gardner | 08/24/2017 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 115,469 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. |
(2) | The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.50 to $35.65, inclusive. |
(3) | Represents the surrender of already-owned shares on August 22, 2017 to cover payment of option exercise price. |
(4) | The option vests in three equal annual installments beginning on 1/2/2009. |
(5) | The option vests in three equal annual installments beginning on 8/27/2009. |
(6) | 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 25, 2017 in three installments ranging between 1/5 and 1/3 of the reported number of Restricted Stock Units. |
(7) | Not applicable. |
(8) | The option vests in three equal annual installments beginning on 1/5/2012. |
(9) | 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. |
(10) | The option vests in three equal annual installments beginning on 1/2/2015. |
(11) | The option vests in three equal annual installments beginning on 1/2/2014. |
(12) | The option vests in three equal annual installments beginning on 1/28/2016. |
(13) | The option vests in three equal annual installments beginning on 6/5/2013. |