Scott Y. Whang - 20 May 2021 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role: Director
Signature: /s/ by Claire Hur as AIF for Scott Y. Whang
Issuer symbol: HOPE
Transactions as of: 20 May 2021
Net transactions value: $0
Form type: 4
Filing time: 24 May 2021, 20:22:54 UTC
Next filing: 23 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOPE	Common Stock	Options Exercise	$150,574	+9,803	+218%	$15.36	14,303	20 May 2021	Direct
holding	HOPE	Common Stock						27,202	20 May 2021	Scott Whang & Lydia Whang Trust Under Agreement 7/19/2001 S&O Revocable Trust
holding	HOPE	Common Stock						13,800	20 May 2021	By reporting person as UGMA custodian for grandchildren
holding	HOPE	Common Stock						20,700	20 May 2021	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
transaction	HOPE	Restricted Stock Units	Award		+5,859			5,859	20 May 2021	Common Stock	5,859		Direct	F1
transaction	HOPE	Restricted Stock Units	Options Exercise	$150,574	-9,803	-100%	$15.36	0	20 May 2021	Common Stock	9,803		Direct	F2
holding	HOPE	Non-qualified stock option (right to buy)						20,000	20 May 2021	Common Stock	20,000	$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 5,859 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. 5,859 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 9,803 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. 9,803 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.