Blog: PACIFIC PREMIER BANCORP INC : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

On July 29, 2022, the Board of Directors of Pacific Premier Bancorp, Inc. (the
“Company”), upon the recommendation of its Nominating and Governance Committee,
approved the appointment of Ms. Stephanie Hsieh as a member of the Company’s
Board of Directors. Ms. Hsieh will also serve on the Board of Directors of
Pacific Premier Bank, the Company’s wholly-owned bank subsidiary (the “Bank”),
with both appointments effective July 29, 2022.

Ms. Hsieh is considered an independent director under the applicable Securities
and Exchange Commission and NASDAQ rules. She will be subject to re-election at
the Company’s annual meeting of stockholders to be held in 2023.

Ms. Hsieh has accepted an appointment to serve initially as a member of the
Company’s Compensation and Enterprise Risk Committees.

There are no transactions that would be required to be reported under Item
404(a) of Regulation S-K, and there are no arrangements or understandings
between Ms. Hsieh and any other person pursuant to which she was selected as
director. Ms. Hsieh will receive the same compensation as currently paid to the
Company’s and the Bank’s other board members.

In connection with Ms. Hsieh’s appointment to the Company’s Board of Directors
(the “Board”) and the Bank’s Board of Directors (the “Bank Board”) and in
accordance with the Company’s Amended and Restated Bylaws and the Bank’s Amended
and Restated Bylaws, the Board and the Bank Board, respectively, each were
expanded from eleven (11) directors to twelve (12) directors.

Item 7.01 Regulation FD Disclosure

A copy of the press release issued by the Company on August 1, 2022 regarding
the director appointment described in Item 5.02 above is attached as Exhibit
99.1 to this Current Report on Form 8-K.

Information contained herein, including Exhibit 99.1, shall not be deemed filed
for the purposes of the Securities Act of 1934, as amended, nor shall such
information and Exhibit be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, except as shall be expressly set forth
by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99 .1 Press Release dated August 1 , 2022
104

             Cover Page Interactive Data File (embedded within the Inline XBRL document)

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