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CENTRAL PACIFIC FINANCIAL CORP Director's Dealing 2012

May 4, 2012

32388_dirs_2012-05-03_e99ba7b6-e9a2-4283-85ea-4bb5648e3aa4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2012-05-02

Reporting Person: Mizumoto Lance A. (Chief Banking Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-05-02 Nonqualified Stock Option $14.31 A 39692 Acquired 2022-05-02 Common Stock (39692) Direct
2012-05-02 Option $14.31 A 6998 Acquired 2017-05-02 Common Stock (6998) Direct
2012-05-02 Restricted Stock Unit $0 A 31446 Acquired 2017-05-02 Common Stock (31446) Direct

Footnotes

F1: 5 year step vest on NQSO

F2: 5 year step vest on ISO

F3: Based on stock price of $14.31 on 5/2/2012