CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2018

Feb 17, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2018-02-15

Reporting Person: Ngo Agnes Catherine (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-15	Common Stock	A	3397	—	Acquired	3397	Direct
2018-02-15	Common Stock	F	1634	$29.44	Disposed	3548	Direct
2018-02-15	Common Stock	F	348	$29.44	Disposed	2258	Direct
2018-02-15	Common Stock	F	626	$29.44	Disposed	4298	Direct
2018-02-15	Common Stock	F	351	$29.44	Disposed	2765	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87310	Indirect
Common Stock	5886	Indirect
Common Stock	9480	Direct
Common Stock	5767	Direct
Common Stock	2714	Indirect
Common Stock	2855	Direct
Common Stock	12285	Direct

Footnotes

F1: 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.

F2: Shares used to cover taxes for vested shares

F3: RSUs time-based; granted 2/17/15

F4: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F5: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F6: 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.

F7: 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.

F8: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.