HOPE BANCORP INC — Director's Dealing 2024

Mar 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOPE BANCORP INC (HOPE)
CIK: 0001128361
Period of Report: 2024-03-15

Reporting Person: Malone David P (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-15	Common Stock	M	6810	$10.77	Acquired	111883	Direct
2024-03-15	Common Stock	M	2542	$10.77	Acquired	114425	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-15	Performance-based Restricted Stock Units	$	M	2269	Disposed		Common Stock (2269)	Direct
2024-03-15	Performance-based Restricted Stock Units	$	M	4540	Disposed		Common Stock (4540)	Direct
2024-03-15	Performance-based Restricted Stock Units	$	D	4540	Disposed		Common Stock (4540)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$17.18	2026-09-01	Common Stock (20000)	20000	Direct

Footnotes

F1: 2,269 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 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.

F2: 4,540 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.

F3: 4,540 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.

F4: Represents the forfeiture of PRSU granted to the reporting person on May 19, 2021 that were eligible to vest based on certain financial performance objectives.

F5: Non-qualified stock options were granted on September 1, 2016 pursuant to the 2016 ICP, formerly known as the BBCN Bancorp, Inc. 2016
Incentive Compensation Plan. These options were fully vested as of September 1, 2018.