CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2016

May 3, 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: Foley Patricia L (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-02	Common Stock	F	1172	$23.39	Disposed	4420	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6560	Direct
Common Stock	2187	Direct
Common Stock	655	Direct
Common Stock	4660	Direct
Common Stock	827	Direct

Footnotes

F1: RSU grant 5/2/11. Outstanding shares as of 6/1/14. 3,410 shares to vest on 5/2/15 and 3,410 shares to vest on 5/2/16

F2: Shares used to cover taxes

F3: 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

F4: RSUs time-based; granted 2/17/15

F5: RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.

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