Byun Donald 4
4 · HOPE BANCORP INC · Filed Sep 5, 2018
Insider Transaction Report
Form 4
HOPE BANCORP INCHOPE
Byun Donald
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-09-01−4,500→ 0 total→ Common stock (4,500 underlying) - Exercise/Conversion
Common Stock
2018-09-01+4,500→ 4,500 total
Holdings
- 20,000
Non-qualified stock option (right to buy)
Exercise: $17.18Exp: 2026-09-01→ Common stock (20,000 underlying) - 477,728(indirect: By Trust)
Common Stock
Footnotes (4)
- [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]Restricted stock units convert into common stock on a one-for-one basis.
- [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.