Toggle SGML Header (+)


Section 1: 4 (PRIMARY DOCUMENT)

Ownership Submission
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 OF SECURITIES

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5

(Print or Type Responses)
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 (Month/Day/Year)
05/02/2018
(Street)

HONOLULU, HI 96813
4. If Amendment, Date Original Filed (Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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) 05/02/2018   F   118 D $29.6 697 I Spouse
Common Stock(2) 05/02/2018   F   120 D $29.6 832 I Spouse
Common Stock(3) 05/02/2018   A   1,182 A $ 0 1,182 I Spouse
Common Stock               873 D  
Common Stock(4)               3,113 D  
Common Stock(5)               2,784 D  
Common Stock(6)               717 D  
Common Stock(7)               683 D  
Common Stock(8)               562 D  
Common Stock               6,229 D  
Common Stock               3,859 I Spouse
Common Stock               1,106.261 D  
Common Stock(9)               891 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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, HI 96813
      Executive Vice President  

Signatures

 /s/ Stacey Rocha, attorney-in-fact for Arnold D. Martines   05/04/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.
(2) 5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years
(3) 5/2/18 RSU time based grant. Shares vest evenly over 3 years
(4) RSUs time-based grant 11/15/16; 5-year step vesting
(5) RSU grant on 5/15/14, with 5-year vesting schedule. Shares to vest in equal increments over 5 years.
(6) 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
(7) 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
(8) RSUs time-based; granted 2/17/15
(9) 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. (Back To Top)

Section 2: EX-24 (POWER OF ATTORNEY (PUBLIC): POWER OF ATTORNEY)

Central Pacific Financial Corp.
Power of Attorney

(To execute Forms 3, 4 and 5 of the United States Securities and Exchange 
Commission for the purposes of reporting pursuant to and under Section 16(a) 
of the Securities and Exchange Act of 1934 and related Rule 16a-3 and other 
related Rules and Regulations of the United States Securities and Exchange 
Commission.)

The undersigned hereby constitutes and appoints, effective as of the date of 
the undersigned?s signature below, all Central Pacific Bank Human Resources 
Division management and staff, as the undersigned?s true and lawful 
attorneys-in-fact to do the following:

A. To execute for and on behalf of the undersigned, Forms 3, 4 and 5 of the 
United States Securities and Exchange Commission for the purposes of 
reporting pursuant to and under Section 16(a) of the Securities and Exchange 
Act of 1934 and related Rule 16a-3 and other related Rules and Regulations of 
the United State Securities and Exchange Commission.

B. To do and perform any and all acts for and on behalf of the undersigned 
which may be necessary or desirable to complete the execution of any such 
Form 3, 4 and 5 and the timely filing of any such Form with the United States 
Securities and Exchange Commission and any other authority.

C. To take any other action of any type whatsoever in connection with the 
foregoing which, in the opinion and/or judgment of such attorney-in-fact, may 
be of benefit to, in the best interest of, or legally required by, the 
undersigned, it being understood the documents executed by such attorney-in-
fact on behalf of the undersigned pursuant to this Power of Attorney shall be 
in such form and shall contain such terms and conditions as such attorney-in-
fact may approve in his discretion.

D. To do and perform all and every act and thing whatsoever requisite, 
necessary and proper to be done in the exercise of any of the rights and 
powers herein granted, as fully to all intents and purposes as the 
undersigned might or could do if personally present, hereby ratifying and 
confirming all that such attorney-in-fact shall lawfully do or cause to be 
done by virtue of this power of attorney and the rights and powers herein 
granted.

Each attorney-in-fact hereunder shall have full power and authority under 
this Power of Attorney, and all acts authorized to be taken by the attorneys-
in-fact hereunder may be taken by any one attorney-in-fact.

The undersigned acknowledges that Central Pacific Financial Corp. and the 
attorneys-in-fact who are serving hereunder for the benefit of the 
undersigned, are not assuming any of the undersigned?s responsibilities to 
comply with Section 16 of the Securities Exchange Act of 1934 or any other 
securities laws, rules or regulations that the undersigned is required to 
comply with.

/s/Arnold D. Martines					Date:  05/16/14
Signature

Arnold D. Martines
Print Name

State of Hawaii
City & County of Honolulu

On this 16th day of May, 2014, before me personally appeared Arnold D.   
Martines, to me known to be the person described in and who executed the 
foregoing instrument and acknowledged that he executed the same as 
his free act and deed. 

Tyler Y. Takahata
Notary Public, State of Hawaii
Commission expires:  8/08/2016

(Back To Top)