RICE TOM sold PPBI
August 31, 2025 · Form 4 insider transaction
RICE TOM sold 16,136 shares of Pacific Premier Bancorp, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Each Restricted Stock Unit ("Issuer RSU") represents the right to receive one share of common stock. Pursuant to the Merger Agreement, at the Effective Time, each Issuer RSU was assumed and converted into a restricted stock unit award in respect of Columbia common stock ("Columbia RSU"), with the number of shares of Columbia common stock subject to each such Columbia RSU award equal to the product of (i) the number of shares of Issuer common stock subject to such Issuer RSU award immediately prior to the Effective Time based on target performance multiplied by (ii) the Exchange Ratio. Except as specifically provided in the Merger Agreement, each such Columbia RSU award will continue to be subject to the same terms and conditions as were applicable to the applicable Issuer RSU immediately prior to the Effective Time.; Includes approximately 483 dividend equivalent rights accrued between May 2025 to August 2025. Each dividend equivalent right is the economic equivalent of one share of common stock.; Not applicable.