PACIFIC PREMIER BANCORP, INC. (NASDAQ:PPBI) Files An 8-K Other Events

On February 17, 2017, Steven R. Gardner, Chairman, President and Chief Executive Officer of Pacific Premier Bancorp, Inc. (the “Company”), adopted a prearranged Rule 10b5-1 trading plan (the “Plan”) with a broker to sell up to $200,000 of shares (the “Shares”) of common stock of the Company for tax planning purposes.

to Mr. Gardner’s Plan, the brokerage firm may sell the Shares during the selling period beginning on March 3, 2017 and ending on July 20, 2017, at which time the Plan will terminate. Mr. Gardner will have no control over the timing of his stock sales under the Plan, and all transactions under the Plan will be reported by Mr. Gardner through individual Form 4 and Form 144 filings with the Securities and Exchange Commission.

The Plan is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 and the Company’s insider trading policy. Rule 10b5-1 allows corporate insiders to establish prearranged written stock trading plans.

A Rule 10b5-1 trading plan must be entered into in good faith at a time when the insider is not aware of material, non-public information. Subsequent receipt by the insider of material, non-public information will not prevent prearranged transactions under Rule 10b5-1 from being executed. Using a Rule 10b5-1 trading plan, individuals can prudently and gradually diversify their investment portfolios over an extended period of time.

About PACIFIC PREMIER BANCORP, INC. (NASDAQ:PPBI)
Pacific Premier Bancorp, Inc. is a bank holding company. The Company’s subsidiary, Pacific Premier Bank (the Bank), is a California state-chartered commercial bank. The Bank’s primary focus market is small and middle market businesses. The Bank offers various deposit products and services, including checking, money market and savings accounts, cash management services, electronic banking services and online bill payment. The Bank also offers a range of loan products, such as commercial business loans, lines of credit, small business administration (SBA) loans, warehouse credit facilities, commercial real estate (CRE) loans, residential home loans, construction loans and consumer loans. The Bank primarily conducts business throughout California through a network of approximately 60 full-service depository branches. Through the United States Small Business Administration (SBA) lending unit, the Bank provides entrepreneurs and small business owners’ access to loans. PACIFIC PREMIER BANCORP, INC. (NASDAQ:PPBI) Recent Trading Information
PACIFIC PREMIER BANCORP, INC. (NASDAQ:PPBI) closed its last trading session up +0.15 at 40.25 with 140,021 shares trading hands.