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HOPE BANCORP INC — Director's Dealing 2011
Jun 7, 2011
31990_dirs_2011-06-07_3bfb235b-07f3-4591-87bc-4d9ededf289e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NARA BANCORP INC (NARA)
CIK: 0001128361
Period of Report: 2011-06-06
Reporting Person: PAIK JESUN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-06-06 | Common Stock | M | 10000 | $4.75 | Acquired | 61033 | Direct |
| 2011-06-06 | Common Stock | M | 10000 | $4.75 | Acquired | 71033 | Direct |
| 2011-06-06 | Common Stock | S | 10000 | $7.9366 | Disposed | 61033 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-06-06 | Non-statutory stock options | $4.75 | M | 10000 | Disposed | 2011-07-20 | Common Stock (10000) | Direct |
| 2011-06-06 | Non-statutory stock options | $4.75 | M | 10000 | Disposed | 2011-07-20 | Common Stock (10000) | Direct |
Footnotes
F1: The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $7.755 to $8.23, inclusive. The reporting person undertakes to provide to Nara Bancorp, inc., any security holder of Nara Bancorp, Inc., or the staff othe Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F2: The original option grant, representing a right to purchase a total of 30,000 shares, became exercisable in three equal annual installments on the grant anniversary date, commencing with the first anniversary date of July 20, 2002. Since the original option grant, NARA stock went through two stock splits 2-for-1, resulting in the reporting person's ownership of additional 80,000 stock options.