Scott Y. Whang - 03 Jul 2024 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/Claire Hur as attorney-in-fact for Scott Y. Whang
Issuer symbol
HOPE
Transactions as of
03 Jul 2024
Net transactions value
+$62,997
Form type
4
Filing time
08 Jul 2024, 20:30:07 UTC
Previous filing
25 May 2023
Next filing
27 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOPE Common Stock Award $62,997 +5,994 +16% $10.51 43,166 03 Jul 2024 Direct F1
holding HOPE Common Stock 27,202 03 Jul 2024 Scott Whang & Lydia Whang Trust Under Agreement 7/19/2001 S&O Revocable Trust
holding HOPE Common Stock 13,800 03 Jul 2024 By reporting person as UGMA custodian for grandchildren
holding HOPE Common Stock 20,700 03 Jul 2024 By wife as UGMA custodian for grandchildren

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HOPE Non-qualified stock option (right to buy) 20,000 03 Jul 2024 Common Stock 20,000 $17.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total 5,994 Restricted Stock Units ("RSU") were granted on July 3,2024 pursuant to the Hope Bancorp, Inc. 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of Hope common stock. 5,994 shares will vest either on the one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
F2 Non-qualified stock options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. These options were fully vested as of September 1, 2018.