HOPE BANCORP INC — Director's Dealing 2024

Jan 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HOPE BANCORP INC (HOPE)
CIK: 0001128361
Period of Report: 2023-12-29

Reporting Person: Kim Kevin Sung (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-29	Common Stock	A	83	$12.08	Acquired	849690	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$16.12	2026-05-26	Common Stock (30660)	30660	Direct
Non-qualified Stock Option (right to buy)	$15.88	2024-04-11	Common Stock (170000)	170000	Direct
Incentive Stock Option (right to buy)	$17.18	2026-09-01	Common Stock (60000)	60000	Direct
Performance-based Restricted Stock Units	$		Common Stock (8349)	8349	Direct
Performance-based Restricted Stock Units	$		Common Stock (16699)	16699	Direct
Performance-based Restricted Stock Units	$		Common Stock (16699)	16699	Direct
Performance-based Restricted Stock Units	$		Common Stock (9771)	9771	Direct
Performance-based Restricted Stock Units	$		Common Stock (19541)	19541	Direct
Performance-based Restricted Stock Units	$		Common Stock (19541)	19541	Direct
Performance-based Restricted Stock Units	$		Common Stock (13624)	13624	Direct
Performance-based Restricted Stock Units	$		Common Stock (27249)	27249	Direct
Performance-based Restricted Stock Units	$		Common Stock (27249)	27249	Direct

Footnotes

F1: Restricted Stock Unit of 83 shares was awarded with an immediate vesting date as the reporting person's 10-year service award.

F2: Non-qualified stock options granted on May 26, 2016 under the BBCN Bancorp Inc. 2007 Equity Incentive Plan. These options were fully vested
as of April 11, 2019

F3: Non-qualified stock options granted on June 27, 2014 under the BBCN Bancorp Inc. 2007 Equity Incentive Plan. These options were fully
vested as of April 11, 2019.

F4: Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 Incentive Compensation Plan "ICP". These options were fully vested as of September 1, 2021.

F5: 8,349 Performance-based Restricted Stock Units "PRSU" were granted on May 19, 2021 pursuant to the 2017 Long-Term Incentive Plan "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.

F6: 16,699 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.

F7: 16,699 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.

F8: 9,771 PRSU were granted on March 23, 2022 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, 2022 through December 31, 2024. 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: 19,541 PRSU were granted on March 23, 2022 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, 2022 through December 31, 2024. 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.

F10: 19,541 PRSU were granted on March 23, 2022 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, 2022 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.

F11: 13,624 PRSU were granted on March 22, 2023 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, 2023 through December 31, 2025. 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.

F12: 27,249 PRSU were granted on March 22, 2023 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, 2023 through December 31, 2025. 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.

F13: 27,249 PRSU were granted on March 22, 2023 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, 2023 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.