OptimumBank Holdings, Inc. — Director's Dealing 2021

Apr 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OptimumBank Holdings, Inc. (OPHC)
CIK: 0001288855
Period of Report: 2021-03-31

Reporting Person: Chan Heng Fai Ambrose (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-31	Common Stock	P	282377	—	Acquired	375357	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-31	Capital securities	$	P	847.13	Acquired	2034-10-07	Common Stock (282377)	Indirect
2021-03-31	Capital securities	$	C	847.13	Disposed	2034-10-07	Common Stock (282377)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	20400	Direct
Common Stock	243	Indirect

Footnotes

F1: American Pacific Bancorp., Inc. purchased 282,377 shares of the common stock of OptimumBank Holdings, Inc. in a two part transaction. First, American Pacific Bancorp., Inc. purchased 847.13 Capital Securities issued by OptimumBank Holdings Capital Trust I, a statutory trust (the "Trust Preferred Securities") for $1,200,102.25. OptimumBank Holdings, Inc. is the sponsor of the OptimumBank Holdings Capital Trust I. American Pacific Bancorp., Inc. then exchanged these 847.13 Trust Preferred Securities for 282,377 shares of the common stock of OptimumBank Holdings, Inc. Accordingly, the consideration paid for these 282,377 shares of the common stock of OptimumBank Holdings, Inc. was equal to $4.25 per share.

F2: Held by American Pacific Bancorp., Inc. The Reporting Person is the Chairman and Chief Executive Officer, and through an entity, is the majority shareholder of Alset EHome International Inc., which is the majority shareholder of American Pacific Bancorp., Inc. The Reporting Person has dispositive control over these securities.

F3: Held by Heng Fai Holdings Limited, an entity of which the Reporting Person is the sole owner. The Reporting Person has dispositive control over these securities.