LEE CHUNG HYUN 4
4 · HOPE BANCORP INC · Filed Jun 22, 2020
Insider Transaction Report
Form 4
HOPE BANCORP INCHOPE
LEE CHUNG HYUN
Director
Transactions
- Award
Restricted Stock Units
2020-06-18$9.18/sh+5,882$53,997→ 5,882 total→ Common Stock (5,882 underlying)
Holdings
- 230,619
Common Stock
- 20,000
Non-qualified stock option (right to buy)
Exercise: $17.18Exp: 2026-09-01→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Total 5,882 Restricted Stock Units (RSU) were granted on June 18, 2020 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU, which represents a contingent right to receive one share of Hope common stock. 5,882 shares will vest either on one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
- [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.