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CENTRAL PACIFIC FINANCIAL CORP Director's Dealing 2016

May 10, 2016

32388_dirs_2016-05-10_ec716f63-a66a-4b01-b629-4cd6a316ed0a.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: 2016-05-02

Reporting Person: Martines Arnold D (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-02 Common Stock A 940 Acquired 940 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2187 Direct
Common Stock 3262 Direct
Common Stock 2364 Direct
Common Stock 1384 Indirect
Common Stock 895 Direct
Common Stock 728 Direct
Common Stock 5239 Direct
Common Stock 3859 Indirect
Common Stock 1498.261 Direct

Footnotes

F1: RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.

F2: RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results

F3: RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.

F4: RSU grant 5/2/11. Outstanding shares as of 6/1/14. 1,810 shares to vest 5/2/15 and 1,810 shares to vest 5/2/16.

F5: RSU grant 5/2/11 outstanding shares as of 6/1/14. Vesting: 1,210 - 5/2/15 and 1,210 - 5/2/16

F6: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F7: RSUs time-based; granted 2/17/15