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: Martines Arnold D (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-15	Common Stock	A	818	—	Acquired	818	Direct
2017-02-15	Common Stock	F	101	$32.09	Disposed	794	Direct
2017-02-15	Common Stock	F	76	$32.09	Disposed	652	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2187	Direct
Common Stock	3350	Direct
Common Stock	3031	Direct
Common Stock	2364	Direct
Common Stock	1384	Indirect
Common Stock	940	Indirect
Common Stock	5239	Direct
Common Stock	3859	Indirect
Common Stock	1078.261	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: 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

F6: RSUs time-based grant 11/15/16; 5-year step vesting

F7: RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.

F8: 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.

F9: RSU grant 5/2/11 outstanding shares as of 6/1/14. Vesting: 1,210 - 5/2/15 and 1,210 - 5/2/16

F10: RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.