HOPE BANCORP INC 4
4 · HOPE BANCORP INC · Filed Sep 6, 2016
Insider Transaction Report
Form 4
HOPE BANCORP INCHOPE
TAYLOR JOHN
Director
Transactions
- Award
Common Stock
2016-09-01+4,500→ 5,012 total - Award
Non-qualified stock option (right to buy)
2016-09-01+20,000→ 20,000 totalExercise: $17.18Exp: 2026-09-01→ Common stock (20,000 underlying) - Award
Restricted Stock Units
2016-09-01+9,000→ 9,000 total→ Common stock (9,000 underlying)
Footnotes (2)
- [F1]Total 13,500 restricted stock units were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of HOPE Bancorp, Inc. common stock. 1/3 of the award vested immediately on the grant date, with the remaining 2/3 vesting in 2 equal annual installments thereafter.
- [F2]These options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. 1/3 of the options vested immediately on the grant date, with the remaining 2/3 vesting in two equal annual installments thereafter.