CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2017

Feb 17, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2017-02-15

Reporting Person: Moriwaki Lee Y (Executive Vice President, CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-15	Common Stock	A	805	—	Acquired	805	Direct
2017-02-15	Common Stock	F	201	$32.09	Disposed	1071	Direct
2017-02-15	Common Stock	F	164	$32.09	Disposed	732	Direct
2017-02-15	Common Stock	F	533	$32.09	Disposed	4190	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1360	Direct
Common Stock	552	Indirect
Common Stock	3135	Direct
Common Stock	1252	Direct
Common Stock	4149	Direct
Common Stock	703	Direct

Footnotes

F1: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F2: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F3: Shares exercised to cover taxes on vested shares

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

F5: RSU Grant 2/17/15 with 5-yr vesting schedule. Shares vest in equal increments over 5 years.

F6: 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

F7: RSU grant 11/30/12. Outstanding shares as of 2/1/15; vesting: 584 - 5/2/15; 583 - 5/2/16; 584 - 5/2/17

F8: RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.

F9: RSU grant 8/31/11. Outstanding shares as of 2/1/15. Vesting: 583 - 8/31/15; 584 - 8/31/16