CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2021

Feb 19, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2021-02-16

Reporting Person: Ngo Agnes Catherine (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Stock	A	6793	—	Acquired	6793	Direct
2021-02-16	Common Stock	A	14388	—	Acquired	14388	Direct
2021-02-16	Common Stock	A	9422	—	Acquired	9422	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	95860	Indirect
Common Stock	5886	Indirect
Common Stock	5995	Direct
Common Stock	7645	Direct
Common Stock	3548	Direct
Common Stock	3771	Direct
Common Stock	4448	Direct
Common Stock	3039	Direct
Common Stock	2375	Direct
Common Stock	3681	Direct
Common Stock	3799	Direct
Common Stock	2258	Direct
Common Stock	9480	Direct
Common Stock	5767	Direct
Common Stock	2714	Indirect
Common Stock	2855	Direct
Common Stock	11431	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Subscription Rights (right to buy)	$10.00	2011-05-06	Common Stock (0)	0	Indirect
Subscription Rights (right to buy)	$10.00	2011-05-06	Common Stock (0)	0	Indirect

Footnotes

F1: 2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/21.

F2: 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years

F3: 2/16/21 RSU Time-Based Grant. Shares vest evenly over 3 years.

F4: 2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.

F5: 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years

F6: 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years

F7: 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.

F8: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F9: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F10: RSU time-based grant. Shares vest evenly over 3 years

F11: RSUs time-based; granted 2/17/15

F12: 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.

F13: 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.

F14: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.