<SEC-DOCUMENT>0001127602-22-024472.txt : 20221028
<SEC-HEADER>0001127602-22-024472.hdr.sgml : 20221028
<ACCEPTANCE-DATETIME>20221028204913
ACCESSION NUMBER:		0001127602-22-024472
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221027
FILED AS OF DATE:		20221028
DATE AS OF CHANGE:		20221028

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Martines Arnold D
		CENTRAL INDEX KEY:			0001610010

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31567
		FILM NUMBER:		221343551

	MAIL ADDRESS:	
		STREET 1:		220 SOUTH KING ST
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTRAL PACIFIC FINANCIAL CORP
		CENTRAL INDEX KEY:			0000701347
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				990212597
		STATE OF INCORPORATION:			HI
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		220 S KING ST
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96813
		BUSINESS PHONE:		8085440500

	MAIL ADDRESS:	
		STREET 1:		P O BOX 3590
		CITY:			HONOLULU
		STATE:			HI
		ZIP:			96811

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CPB INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-10-27</periodOfReport>

    <issuer>
        <issuerCik>0000701347</issuerCik>
        <issuerName>CENTRAL PACIFIC FINANCIAL CORP</issuerName>
        <issuerTradingSymbol>CPF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001610010</rptOwnerCik>
            <rptOwnerName>Martines Arnold D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>220 SOUTH KING ST</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HONOLULU</rptOwnerCity>
            <rptOwnerState>HI</rptOwnerState>
            <rptOwnerZipCode>96813</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>President &amp; COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
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            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-10-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>5000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>19.44</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
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                    <value>I</value>
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                <natureOfOwnership>
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                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
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                <footnoteId id="F11"/>
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            <securityTitle>
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                    <value>5975</value>
                </sharesOwnedFollowingTransaction>
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        </nonDerivativeHolding>
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                </sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
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        </nonDerivativeHolding>
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                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
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                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
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        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
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                <footnoteId id="F16"/>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
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                </directOrIndirectOwnership>
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        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F17"/>
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                <sharesOwnedFollowingTransaction>
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                </sharesOwnedFollowingTransaction>
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                <natureOfOwnership>
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                </natureOfOwnership>
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        </nonDerivativeHolding>
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            <securityTitle>
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                <footnoteId id="F18"/>
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                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Spouse</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F19"/>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>409</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>10437</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3859</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Spouse</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">CPF shares purchase</footnote>
        <footnote id="F2">2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.</footnote>
        <footnote id="F3">2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval.  Amount reported is actual number of shares that vested and were issued on 2/16/21.</footnote>
        <footnote id="F4">2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.</footnote>
        <footnote id="F5">2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F6">2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F7">5/15/19 RSU Time-Based Grant. Shares vest evenly over 5 years</footnote>
        <footnote id="F8">5/15/20 RSU Time-Based Grant.  Shares vest evenly over 3 years.</footnote>
        <footnote id="F9">5/2/18 RSU time based grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F10">6/1/20 RSU Time-Based Grant. Shares vest evenly over 3 years.</footnote>
        <footnote id="F11">2/15/18 RSU time-based grant. Shares vest evenly over 3 years.</footnote>
        <footnote id="F12">2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F13">2/16/21 RSU Time-Based Grant. Shares vest evenly over 3 years.</footnote>
        <footnote id="F14">2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F15">2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.</footnote>
        <footnote id="F16">RSU time-based grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F17">RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.</footnote>
        <footnote id="F18">5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years</footnote>
        <footnote id="F19">RSUs time-based; granted 2/17/15</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Stacey Rocha, attorney-in-fact for Arnold D. Martines</signatureName>
        <signatureDate>2022-10-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
