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HOPE BANCORP INC — Director's Dealing 2020
Jun 22, 2020
31990_dirs_2020-06-22_abaec843-823e-4217-abcf-1d2e6b2441e2.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: 2020-06-18
Reporting Person: Zuehls Dale S. (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-18 | Restricted Stock Units | $ | A | 6666 | Acquired | Common Stock (6666) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7500 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-qualified stock option (right to buy) | $17.18 | 2026-09-01 | Common Stock (20000) | 20000 | Direct |
Footnotes
F1: Total 6,666 Restricted Stock Units (RSU) were granted on June 18, 2020 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU, which represents a contingent right to receive one share of Hope common stock. 6,666 shares will vest either on one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
F2: These 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.