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: Morimoto David (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-15	Common Stock	A	1402	—	Acquired	1402	Direct
2017-02-15	Common Stock	F	235	$32.09	Disposed	1340	Direct
2017-02-15	Common Stock	F	101	$32.09	Disposed	552	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	255	Direct
Common Stock	7005	Direct
Common Stock	2399	Direct
Common Stock	3585	Direct
Common Stock	1949	Direct
Common Stock	5037	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: 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 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16

F7: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.