4//SEC Filing
Byun Donald 4
Accession 0001209191-18-048269
CIK 0001128361other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 6:31 PM ET
Size
16.8 KB
Accession
0001209191-18-048269
Insider Transaction Report
Form 4
HOPE BANCORP INCHOPE
Byun Donald
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2018-08-21$14.65/sh+5,286$77,440→ 40,456 total - Exercise/Conversion
Stock Option (right to buy)
2018-08-21$5.02/sh+35,170$176,553→ 35,170 total - Exercise/Conversion
Stock Option (right to buy)
2018-08-21$14.65/sh−5,286$77,440→ 0 totalExercise: $14.65From: 2016-08-01Exp: 2025-08-25→ Common stock (5,286 underlying) - Sale
Common Stock
2018-08-22$17.84/sh−40,456$721,735→ 437,272 total(indirect: By Trust) - Exercise/Conversion
Stock Option (right to buy)
2018-08-21$5.02/sh−35,170$176,553→ 0 totalExercise: $5.02From: 2016-08-01Exp: 2022-01-28→ Common stock (35,170 underlying)
Holdings
- 20,000
Non-qualified stock option (right to buy)
Exercise: $17.18Exp: 2026-09-01→ Common stock (20,000 underlying) - 4,500
Restricted Stock Units
→ Common stock (4,500 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.81 to $17.86, inclusive. The reporting person undertakes to provide to HOPE Bancorp, Inc., any security holder of HOPE Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]Received in the Merger in exchange for a stock option to acquire 7,515 shares of Wilshire Bancorp, Inc. common stock.
Documents
Issuer
HOPE BANCORP INC
CIK 0001128361
Entity typeother
Related Parties
1- filerCIK 0001301728
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 6:31 PM ET
- Size
- 16.8 KB