Byun Donald 4
4 · HOPE BANCORP INC · Filed Aug 28, 2017
Insider Transaction Report
Form 4
HOPE BANCORP INCHOPE
Byun Donald
Director
Transactions
- Sale
Common Stock
2017-08-25$16.45/sh−100,000$1,645,000→ 473,228 total(indirect: By Trust) - Sale
Common Stock
2017-08-24$16.45/sh−1,026$16,878→ 573,228 total(indirect: By Trust)
Holdings
- 35,170
Stock Option (right to buy)
Exercise: $5.02From: 2016-08-01Exp: 2022-01-28→ Common stock (35,170 underlying) - 9,000
Restricted Stock Units
→ Common stock (9,000 underlying) - 5,286
Stock Option (right to buy)
Exercise: $14.65From: 2016-08-01Exp: 2025-08-25→ Common stock (5,286 underlying) - 20,000
Non-qualified stock option (right to buy)
Exercise: $17.18Exp: 2026-09-01→ Common stock (20,000 underlying)
Footnotes (5)
- [F1]These shares were previously reported as directly beneficially owned but were transferred by reporting person and spouse to a revocable family trust on August 8, 2017. Of the total 574,254 shares that were transferred to the family trust, 1,026 shares were sold on 8/24/17 and 100,000 shares were sold on 8/25/17.
- [F2]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.
- [F3]20,000 stock 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.
- [F4]Received pursuant to the merger between BBCN Bancorp, Inc. and Wilshire Bancorp, Inc. effective July 29, 2016 (the "Merger"), in exchange for a stock option to acquire 50,000 shares of Wilshire Bancorp, Inc. common stock.
- [F5]Received in the Merger in exchange for a stock option to acquire 7,515 shares of Wilshire Bancorp, Inc. common stock.