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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Chamberlain Kittridge
2. Issuer Name and Ticker or Trading Symbol

PACIFIC MERCANTILE BANCORP [ PMBC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP Corporate Finance
(Last)          (First)          (Middle)

949 SOUTH COAST DRIVE, THIRD FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

12/11/2017
(Street)

COSTA MESA, CA 92626
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   12/12/2017     M    3403.00   A $6.77   22294.00   D    
Common Stock   12/12/2017     S    3403.00   D $8.7246   18891.00   D    
Common Stock   12/13/2017     M    3403.00   A $6.77   22294.00   D    
Common Stock   12/13/2017     S    3403.00   D $8.8286   (1) 18891.00   D    
Common Stock   12/11/2017     M    1918.00   A $7.10   19994.00   D    
Common Stock   12/11/2017     M    210.00   A $6.77   20204.00   D    
Common Stock   12/11/2017     M    1273.00   A $6.18   21477.00   D    
Common Stock   12/11/2017     S    1534.00   D $9.0142   19943.00   D    
Common Stock   12/11/2017     S    887.00   D $9.0142   19056.00   D    
Common Stock   12/11/2017     S    165.00   D $9.0142   18891.00   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Common Stock Option   $6.77   12/12/2017     M         3403.00      (2) 2/16/2026   Common Stock   3403.00   $0.00   17434.00   D    
Common Stock Option   $6.77   12/13/2017     M         3403.00      (2) 2/16/2026   Common Stock   3403.00   $0.00   14031.00   D    
Common Stock Option   $7.10   12/11/2017     M         1918.00      (3) 2/17/2025   Common Stock   1918.00   $0.00   2659.00   D    
Common Stock Option   $6.77   12/11/2017     M         210.00      (2) 2/16/2026   Common Stock   210.00   $0.00   20837.00   D    
Common Stock Option   $6.18   12/11/2017     M         1273.00      (4) 3/7/2024   Common Stock   1273.00   $0.00   2186.00   D    

Explanation of Responses:
(1)  This transaction was executed in multiple trades at prices ranging from $8.75 USD to $8.95 USD; the price reported above reflects the weighted average sale price.
(2)  3 Years Annually beginning on 16-Feb-2016
(3)  3 Years Annually beginning on 17-Feb-2015
(4)  5 Years Annually beginning on 07-Mar-2014

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Chamberlain Kittridge
949 SOUTH COAST DRIVE
THIRD FLOOR
COSTA MESA, CA 92626


EVP Corporate Finance

Signatures
/s/ Nancy Gray, attorney in fact for KITTRIDGE M CHAMBERLAIN 12/13/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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