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HOPE BANCORP INC — Director's Dealing 2017
Aug 29, 2017
31990_dirs_2017-08-28_37cf0608-d20a-4db7-8ec7-5ee7c9bd3191.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: 2017-08-24
Reporting Person: Byun Donald (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-08-24 | Common Stock | S | 1026 | $16.45 | Disposed | 573228 | Indirect |
| 2017-08-25 | Common Stock | S | 100000 | $16.45 | Disposed | 473228 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common stock (9000) | 9000 | Direct | |
| Non-qualified stock option (right to buy) | $17.18 | 2026-09-01 | Common stock (20000) | 20000 | Direct |
| Stock Option (right to buy) | $5.02 | 2022-01-28 | Common stock (35170) | 35170 | Direct |
| Stock Option (right to buy) | $14.65 | 2025-08-25 | Common stock (5286) | 5286 | Direct |
Footnotes
F1: These shares were previously reported as directly beneficially owned but were transferred by reporting person and spouse to a revocable family trust on August 8, 2017. Of the total 574,254 shares that were transferred to the family trust, 1,026 shares were sold on 8/24/17 and 100,000 shares were sold on 8/25/17.
F2: 13,500 restricted stock units were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Hope Bancorp, Inc. common stock. 1/3 of the award vested immediately on the grant date, with the remaining 2/3 vesting in 2 equal annual installments thereafter.
F3: 20,000 stock options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. 1/3 of the options vested immediately on the grant date, with the remaining 2/3 vesting in two equal annual installments thereafter.
F4: Received pursuant to the merger between BBCN Bancorp, Inc. and Wilshire Bancorp, Inc. effective July 29, 2016 (the "Merger"), in exchange for a stock option to acquire 50,000 shares of Wilshire Bancorp, Inc. common stock.
F5: Received in the Merger in exchange for a stock option to acquire 7,515 shares of Wilshire Bancorp, Inc. common stock.