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CENTRAL PACIFIC FINANCIAL CORP Director's Dealing 2018

Feb 17, 2018

32388_dirs_2018-02-16_4d3178df-258c-4484-bc3f-52433a15c80a.zip

Director's Dealing

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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: Morimoto David (EVP, CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-02-15 Common Stock A 1528 Acquired 1528 Direct
2018-02-15 Common Stock F 530 $29.44 Disposed 865 Direct
2018-02-15 Common Stock F 97 $29.44 Disposed 455 Direct
2018-02-15 Common Stock F 203 $29.44 Disposed 1137 Direct
2018-02-15 Common Stock F 181 $29.44 Disposed 1221 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 255 Direct
Common Stock 7005 Direct
Common Stock 2399 Direct
Common Stock 3232 Direct
Common Stock 1949 Direct
Common Stock 4643 Direct

Footnotes

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

F2: 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.

F3: Shares used to cover taxes for 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: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F6: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F7: 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

F8: RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16

F9: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.