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HOPE BANCORP INC — Director's Dealing 2016
Aug 3, 2016
31990_dirs_2016-08-02_cf03ae40-186c-4c79-92e5-12dde853a1f2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: HOPE BANCORP INC (HOPE)
CIK: 0001128361
Period of Report: 2016-07-29
Reporting Person: Koh Peter (EVP & CHIEF CREDIT OFFICER)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-29 | Common Stock | A | 44213 | — | Acquired | 44213 | Direct |
| 2016-07-29 | Common Stock (Restricted Stock) | A | 7689 | — | Acquired | 7689 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-07-29 | Stock Option (Right To Buy) | $7.53 | A | 14068 | Acquired | 2017-06-27 | Common Stock (14068) | Direct |
| 2016-07-29 | Stock Option (Right To Buy) | $14.95 | A | 7034 | Acquired | 2020-09-30 | Common Stock (7034) | Direct |
Footnotes
F1: Received in exchange for 62,858 shares of Wilshire Bancorp, Inc. ("Wilshire") common stock in connection with merger of Wilshire Bancorp, Inc. into HOPE Bancorp, Inc. (former BBCN Bancorp, Inc.)(the "Merger"). On the effective date of the Merger, the closing price of Wilshire's common stock was $10.74 per share, and the closing price of HOPE Bancorp, Inc. was $15.37 per share.
F2: Received in exchange for 10,933 shares of Wilshire common stock (Restricted Stock) in connection with the Merger.
F3: Received in the Merger in exchange for a stock option to acquire 20,000 shares of Wilshire common stock
F4: Vesting schedule: 25% on 09/30/15, 25% on 09/30/16 25% on 09/30/17, and 25% on 09/30/18
F5: Received in the Merger in exchange for a stock option to acquire 10,000 shares of Wilshire common stock