Dale Zuehls - May 20, 2021 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/ by Claire Hur as AIF for Dale Zuehls
Stock symbol
HOPE
Transactions as of
May 20, 2021
Transactions value $
$0
Form type
4
Date filed
5/24/2021, 06:50 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOPE Common Stock Options Exercise $102K +6.67K +88.88% $15.36 14.2K May 20, 2021 Direct

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
transaction HOPE Restricted Stock Units Award +3.98K 3.98K May 20, 2021 Common Stock 3.98K Direct F1
transaction HOPE Restricted Stock Units Options Exercise -$102K -6.67K -100% $15.36 0 May 20, 2021 Common Stock 6.67K Direct F2
holding HOPE Non-qualified stock option (right to buy) 20K May 20, 2021 Common Stock 20K $17.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total 3,984 Restricted Stock Units (RSU) were granted on May 20, 2021 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU represents a contingent right to receive one share of Hope common stock. 3,984 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 Total 6,666 RSU were granted on June 18, 2020 pursuant to the 2019 ICP. Each RSU represents a contingent right to receive one share of Hope common stock. 6,666 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.
F3 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.