CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2017

May 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2017-05-15

Reporting Person: Ching Glenn (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-05-15	Common Stock	F	353	$31.46	Disposed	3194	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2485	Direct
Common Stock	2186	Direct
Common Stock	456	Direct
Common Stock	1926	Direct
Common Stock	5508	Direct
Common Stock	872	Direct
Common Stock	1101	Direct

Footnotes

F1: RSU time-based grant 5/15/14. Outstanding balance as of 1/1/16. 5 year vesting schedule, remaining vests: 1000-5/15/16; 1000-5/15/17; 1000-5/15/18; 1000-5/15/19

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: RSU time-based grant 2/17/15. Outstanding balance as of 1/1/16. 3 year vesting schedule: 243-2/17/16; 242-2/17/17; 243-2/17/18

F5: RSU time-based grant 5/2/11. Outstanding balance as of 1/1/16. 5 year vesting schedule, remaining vest: 3,710-5/2/16

F6: 2/16/16 RSU Grant. Shares vest equally over 5 years.

F7: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F8: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.