PAIK JESUN 4
4 · NARA BANCORP INC · Filed Jun 7, 2011
Insider Transaction Report
Form 4
NARA BANCORP INCNARA
PAIK JESUN
Director
Transactions
- Exercise/Conversion
Common Stock
2011-06-06$4.75/sh+10,000$47,500→ 61,033 total - Sale
Common Stock
2011-06-06$7.94/sh−10,000$79,366→ 61,033 total - Exercise/Conversion
Non-statutory stock options
2011-06-06−10,000→ 10,000 totalExercise: $4.75Exp: 2011-07-20→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $7.755 to $8.23, inclusive. The reporting person undertakes to provide to Nara Bancorp, inc., any security holder of Nara Bancorp, Inc., or the staff othe Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- [F2]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.