Sec Form 4 Filing - Martines Arnold D @ CENTRAL PACIFIC FINANCIAL CORP - 2019-05-02

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Martines Arnold D
2. Issuer Name and Ticker or Trading Symbol
CENTRAL PACIFIC FINANCIAL CORP [ CPF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
220 SOUTH KING ST
3. Date of Earliest Transaction (MM/DD/YY)
05/02/2019
(Street)
HONOLULU, HI96813
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 05/02/2019 F( 2 ) 118 D $ 29.79 579 I Spouse
Common Stock ( 3 ) 05/02/2019 F( 2 ) 120 D $ 29.79 712 I Spouse
Common Stock ( 4 ) 05/02/2019 F( 2 ) 148 D $ 29.79 1,034 I Spouse
Common Stock ( 5 ) 2,443 D
Common Stock ( 6 ) 2,558 D
Common Stock ( 7 ) 1,117 D
Common Stock ( 8 ) 594 D
Common Stock ( 9 ) 273 D
Common Stock ( 10 ) 197 D
Common Stock ( 11 ) 1,663 D
Common Stock ( 12 ) 409 D
Common Stock 6,229 D
Common Stock 3,859 I Spouse
Common Stock 1,569 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Martines Arnold D
220 SOUTH KING ST
HONOLULU, HI96813
Executive Vice President
Signatures
/s/ Stacey Rocha, attorney-in-fact for Arnold D. Martines 05/06/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.
( 2 )Shares used for taxes on vested shares
( 3 )5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years
( 4 )5/2/18 RSU time based grant. Shares vest evenly over 3 years
( 5 )RSUs time-based grant 11/15/16; 5-year step vesting
( 6 )RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.
( 7 )2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
( 8 )2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
( 9 )2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
( 10 )2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
( 11 )RSU time-based grant. Shares vest evenly over 3 years
( 12 )RSUs time-based; granted 2/17/15

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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