Home/Filings/4/0001595570-16-000003
4//SEC Filing

WILSHIRE BANCORP INC 4

Accession 0001595570-16-000003

CIK 0001285224operating

Filed

Aug 1, 8:00 PM ET

Accepted

Aug 2, 6:54 PM ET

Size

10.4 KB

Accession

0001595570-16-000003

Insider Transaction Report

Form 4
Period: 2016-07-29
Transactions
  • Disposition to Issuer

    Common Stock

    2016-07-2924,0000 total(indirect: By Trust)
  • Disposition to Issuer

    Common Stock (Restricted Stock)

    2016-07-291,8610 total
  • Disposition to Issuer

    Stock Option

    2016-07-2940,0000 total
    Exercise: $3.53Exp: 2022-01-28Common Stock (40,000 underlying)
  • Disposition to Issuer

    Common Stock

    2016-07-296070 total
Footnotes (1)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 7, 2015, by and between Wilshire Bancorp, Inc.(the "Issuer"), and BBCN Bancorp, Inc.("BBCN"). Pursuant to the terms of the Merger Agreement, as of July 29, 2016, (a) each outstanding share of common stock of the Issuer was converted into the right to receive 0.7034 shares of common stock of BBCN, (b) outstanding stock options of the Issuer were assumed by BBCN and was replaced with an option to purchase a number of shares of BBCN common stock, and (c) restricted share awards were converted into the number of restricted shares of BBCN common stock equal to the number of the Issuer's restricted share comprising the award multiplied by 0.7034. Also as of July 29, 2016, BBCN changed its name to Hope Bancorp, Inc.

Issuer

WILSHIRE BANCORP INC

CIK 0001285224

Entity typeoperating

Related Parties

1
  • filerCIK 0001285224

Filing Metadata

Form type
4
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 6:54 PM ET
Size
10.4 KB