HOPE BANCORP INC — Director's Dealing 2022

Feb 11, 2022

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: HOPE BANCORP INC (HOPE)
CIK: 0001128361
Period of Report: 2021-12-31

Reporting Person: KIM KYU S. (SEVP, Eastern Regional Pres.)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	52249	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performahce-based Restricted Stock Units	$		Common Stock (1751)	1751	Direct
Performahce-based Restricted Stock Units	$		Common Stock (1751)	1751	Direct
Performahce-based Restricted Stock Units	$		Common Stock (875)	875	Direct
Performahce-based Restricted Stock Units	$		Common Stock (3750)	3750	Direct
Performahce-based Restricted Stock Units	$		Common Stock (3750)	3750	Direct
Performahce-based Restricted Stock Units	$		Common Stock (2719)	2719	Direct
Performahce-based Restricted Stock Units	$		Common Stock (2719)	2719	Direct
Incentive stock Option (right to buy)	$17.18	2026-09-01	Common Stock (30000)	30000	Direct

Footnotes

F1: Total amount of securities beneficially owned in Column 5 of Table I in this Form 5 includes all of the reporting owner's unvested Restricted Stock Units ("RSU") granted on May 19, 2021, March 17, 2021, April 22, 2020, March 6, 2020, and May 23, 2019 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP") previously reported in Table II. Outstanding RSU shares will vest according to previously disclosed vesting schedules.

F2: 1,751 performance-based restricted stock units ("PRSU") were granted on May 19, 2021 pursuant to the 2017 LTIP and 2019 ICP and subject
to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative return on common tangible
equity in relation to the bank's stated peer group over a 12-quarter period from January 1, 2021 through December 31, 2023. Each PRSU
represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported.
Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal
is met or exceeded.

F3: 1,751 PRSU were granted on May 19, 2021 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these
PRSU shares depends upon Hope's achievement of a specified absolute earnings per share in relation to the bank's stated budget over a 12-
month period from January 1, 2021 through December 31, 2021. Each PRSU represents a contingent right to receive one share of Hope
common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold
goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the
Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F4: 875 PRSU were granted on May 19, 2021 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU
shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the bank's stated peer
group over a 12-quarter period from January 1, 2021 through December 31, 2023. Each PRSU represents a contingent right to receive one
share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if
the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a
prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F5: 3,750 PRSU were granted on April 22, 2020 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these
PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the KRX Index over
an 11-quarter period from April 1, 2020 through December 31, 2022. Each PRSU represents a contingent right to receive one share of Hope
common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold
goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the
Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F6: 3,750 PRSU were granted on April 22, 2020 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these
PRSU shares depends upon Hope's achievement of a specified relative return on average assets in relation to the KRX Index over an 11-
quarter period from April 1, 2020 through December 31, 2022. Each PRSU represents a contingent right to receive one share of Hope common
stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not
met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal
is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F7: 2,719 PRSU were granted on May 23, 2019 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these
PRSU shares depends upon Hope's achievement of a specified relative return on average assets in relation to the KRX Index during the 11-
quarter period from April 1, 2019 through December 31, 2021. Each PRSU represents a contingent right to receive one share of Hope common
stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal
is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F8: 2,719 PRSU were granted on May 23, 2019 pursuant to the 2017 LTIP and the 2019 ICP and subject to a 3-year cliff vesting. Vesting of these
PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the KRX Index over
an 11-quarter period from April 1, 2019 through December 31, 2021. Each PRSU represents a contingent right to receive one share of Hope
common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

F9: Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 ICP. These options were fully vested as of September 1, 2021.