PAIK JESUN 4
4 · NARA BANCORP INC · Filed May 26, 2011
Insider Transaction Report
Form 4
NARA BANCORP INCNARA
PAIK JESUN
Director
Transactions
- Exercise/Conversion
Common Stock
2011-05-25$4.75/sh+10,000$47,500→ 51,033 total - Exercise/Conversion
Non-statutory stock options
[F1]2011-05-25−10,000→ 20,000 totalExercise: $4.75Exp: 2011-07-20→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]The original option grant, representing a right to purchase a total of 30,000 shares, became exercisable in three equal annual installments on the grant anniversary date, commencing with the first anniversary date of July 20, 2002. Since the original option grant, NARA stock went through two stock splits 2-for-1, resulting in the reporting person's ownership of additional 80,000 stock options.
Signature
/s/ Jesun Paik|2011-05-26