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PPBI > SEC Filings for PPBI > Form 8-K on 9-Jan-2013All Recent SEC Filings

Show all filings for PACIFIC PREMIER BANCORP INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for PACIFIC PREMIER BANCORP INC


9-Jan-2013

Other Events, Financial Statements and Exhibits


ITEM 8.01 OTHER EVENTS.

As previously reported, Pacific Premier Bancorp, Inc. (the "Company") entered into an underwriting agreement, dated December 6, 2012 (the "Underwriting Agreement") with Raymond James & Associates, Inc., as underwriter and representative of the other underwriter, D.A. Davidson & Co., with respect to the offer and sale of 3,300,000 shares of the Company's common stock, par value $0.01 per share ("Common Stock"), at a public offering price of $10.00 per share in an underwritten public offering (the "Offering"). As part of the Offering, the Company granted the underwriters a 30-day option to purchase up to an additional 495,000 shares of Common Stock (the "Option Shares") at a public offering price of $10.00 per share to cover over-allotments, if any (the "Over-allotment Option"). On January 4, 2013, the underwriters provided notice to the Company that they would exercise the Over-allotment Option in full.

The sale of the Option Shares was completed on January 9, 2013. The Company received aggregate net proceeds from the sale of the Option Shares of approximately $4.7 million after deducting underwriting discounts and commissions, bringing the total net proceeds to the Company from the Offering to approximately $35.6 million.

The Option Shares were registered under the Securities Act of 1933, as amended, pursuant to a shelf registration statement on Form S-3 (Registration No. 333-182499) declared effective by the Securities and Exchange Commission on July 12, 2012 (the "Registration Statement"). The offer and sale of the Option Shares are described in the Company's prospectus, constituting a part of the Registration Statement, as supplemented by a final prospectus supplement dated December 6, 2012. Exhibits 5.1 and 23.1 with respect to the issuance of the Option Shares, which are attached to this Current Report on Form 8-K, are incorporated by reference in their entirety into the Registration Statement.



ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit
Number

 5.1                Opinion of Patton Boggs LLP, dated January 9, 2013

 23.1               Consent of Patton Boggs LLP (included in Exhibit 5.1)


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