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CENTRAL PACIFIC FINANCIAL CORP Director's Dealing 2016

Feb 17, 2016

32388_dirs_2016-02-17_6ee3665c-1d2f-4ba3-ad48-51f12a67311a.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: 2016-02-16

Reporting Person: Mizumoto Lance A. (Director, President & CBO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-16 Common Stock F 402 $20.31 Disposed 2304 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 37953 Direct
Common Stock 8122 Direct
Common Stock 5525 Direct
Common Stock 2735 Direct
Common Stock 6613 Direct

Footnotes

F1: RSUs time-based; granted 2/17/15

F2: Shares used to cover taxes for vested shares

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 performance-based were originally filed on 3/4/2014 at the maximum performance criteria. This supplements that filing to note the actual number shares that vested based on the performance results.

F5: RSUs time-based originally filed on 3/4/2014 were reported with RSUs performance-based and combined into one holding. This clarifies that filing and creates a separate holding for the RSUs time-based only.

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