CENTRAL PACIFIC FINANCIAL CORP — Director's Dealing 2023

Feb 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CENTRAL PACIFIC FINANCIAL CORP (CPF)
CIK: 0000701347
Period of Report: 2023-02-15

Reporting Person: Morimoto David (Senior EVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-15	Common Stock	F	286	$23.72	Disposed	1425	Direct
2023-02-15	Common Stock	F	662	$23.72	Disposed	4621	Direct
2023-02-15	Common Stock	F	881	$23.72	Disposed	6511	Direct
2023-02-15	Common Stock	F	598	$23.72	Disposed	3920	Direct
2023-02-15	Common Stock	A	7747	—	Acquired	7747	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1766	Direct
Common Stock	1909	Direct
Common Stock	859	Direct
Common Stock	2377	Direct
Common Stock	865	Direct
Common Stock	1252	Direct
Common Stock	1672	Direct
Common Stock	984	Direct
Common Stock	869	Direct
Common Stock	939	Direct
Common Stock	1582	Direct
Common Stock	255	Direct
Common Stock	4405	Direct
Common Stock	2399	Direct
Common Stock	455	Direct
Common Stock	2586	Direct
Common Stock	1949	Direct
Common Stock	3575	Direct

Footnotes

F1: 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years

F2: Shares used for taxes on vested shares

F3: 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years

F4: 2/16/21 RSU Time-Based Grant. Shares vest evenly over 3 years.

F5: 2/15/23 RSU Time-Based Grant. Shares vest evenly over 3 years

F6: 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.

F7: 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.

F8: 2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.

F9: 2/17/15 PSU Grant. Shares to vest on 2/15/18, based on performance criteria results.

F10: 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years

F11: 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.

F12: 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.

F13: 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

F14: 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

F15: RSU time-based grant. Shares vest evenly over 3 years

F16: RSU time-based grant 2/15/15. Vesting schedule: 243-2/15/16; 242-2/15/17; 243-2/15/18

F17: 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

F18: RSU time-based grant 5/2/11. Outstanding balance as of 7/1/15. 3,710 shares to vest on 5/2/16

F19: RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.