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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ISONO DENIS
  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 S. KING ST
3. Date of Earliest Transaction (Month/Day/Year)
05/02/2016
(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 05/02/2016   M   1,864 A $ 23.39 56,228 I Denis Ken Isono and Ella Saiki Isono JT TEN
Common Stock 05/02/2016   M   6,448 A $ 23.39 62,676 I Denis Ken Isono and Ella Saiki Isono JT TEN
Common Stock 05/02/2016   F   825 (1) D $ 23.39 61,851 I Denis Ken Isono and Ella Saiki Isono JT TEN
Common Stock 05/02/2016   F   3,110 (2) D $ 23.39 58,741 I Denis Ken Isono and Ella Saiki Isono JT TEN
Common Stock               261 D  
Common Stock               5,886 I CPB Foundation
Common Stock               30 I Travis Isono And Ella Isono Jt Ten (son And Wife)
Common Stock               18 I Tyler Isono And Ella Isono Jt Ten (son And Wife)
Common Stock (3)               4,498 D  
Common Stock (4)               1,499 D  
Common Stock (5)               4,486 D  
Common Stock (6)               2,196 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Restricted Stock Unit $ 0 05/02/2016   M     1,864 05/02/2013 05/02/2017 Common Stock 1,864 $ 0 4,882 D  
Restricted Stock Unit (7) $ 0 05/02/2016   M     6,448 05/04/2015 05/02/2017 Common Stock 6,448 $ 0 25,790 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ISONO DENIS
220 S. KING ST
HONOLULU, HI 96813
      Executive Vice President  

Signatures

 /s/ Patricia Foley, attorney-in-fact for Mr. Denis Isono   05/03/2016
**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) Shares used to cover taxes
(2) Shares used to cover taxes
(3) RSUs performance-based, granted 2/17/15 reported at maximum number of shares to vest. Actual number of shares to vest based on performance results
(4) RSUs time-based; granted 2/17/15
(5) RSUs performance-based granted 2/28/14
(6) RSUs time-based granted 2/28/14
(7) RSUs performance-based originally filed on 5/3/12 at 100% (target) performance criteria. This supplements that filing to note the actual number of shares vested based on performance results.

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