CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2016

May 4, 2016

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: Morimoto David (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-02	Common Stock	F	1761	$23.39	Disposed	1949	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1575	Direct
Common Stock	255	Direct
Common Stock	7005	Direct
Common Stock	2399	Direct
Common Stock	653	Direct
Common Stock	4000	Direct
Common Stock	5511	Direct

Footnotes

F1: RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16

F2: Shares used for taxes

F3: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F4: RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18

F5: RSU time-based grant 5/15/14. Outstanding balance as of 7/1/15. Vesting schedule: 1,000-5/15/16; 1,000-5/15/17; 1,000-5/15/18; 1,000-5/15/19

F6: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.