HOPE BANCORP INC — Director's Dealing 2018

Aug 24, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOPE BANCORP INC (HOPE)
CIK: 0001128361
Period of Report: 2018-08-21

Reporting Person: Byun Donald (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-21	Stock Option (right to buy)	M	35170	$5.02	Acquired	35170	Direct
2018-08-21	Stock Option (right to buy)	M	5286	$14.65	Acquired	40456	Direct
2018-08-22	Common Stock	S	40456	$17.84	Disposed	437272	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-21	Stock Option (right to buy)	$5.02	M	35170	Disposed	2022-01-28	Common stock (35170)	Direct
2018-08-21	Stock Option (right to buy)	$14.65	M	5286	Disposed	2025-08-25	Common stock (5286)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common stock (4500)	4500	Direct
Non-qualified stock option (right to buy)	$17.18	2026-09-01	Common stock (20000)	20000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.81 to $17.86, inclusive. The reporting person undertakes to provide to HOPE Bancorp, Inc., any security holder of HOPE Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: 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.

F3: 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.

F4: 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.

F5: 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.

F6: Received in the Merger in exchange for a stock option to acquire 7,515 shares of Wilshire Bancorp, Inc. common stock.