Steven Koh - Jan 27, 2022 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/ by Claire Hur as AIF for Steven Koh
Stock symbol
HOPE
Transactions as of
Jan 27, 2022
Transactions value $
-$1,197,507
Form type
4
Date filed
1/31/2022, 07:21 PM
Previous filing
May 24, 2021
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 $530K +106K +500.59% $5.02 127K Jan 27, 2022 Direct F1
transaction HOPE Common Stock Tax liability -$1.2M -71.8K -56.74% $16.67 54.8K Jan 27, 2022 Direct F2
holding HOPE Common Stock 3.3M Jan 27, 2022 Various Trusts

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 Stock Option (right to buy) Options Exercise -$530K -106K -100% $5.02 0 Jan 27, 2022 Common Stock 106K $5.02 Direct
holding HOPE Non-qualified stock option (right to buy) 30K Jan 27, 2022 Common Stock 30K $17.18 Direct F3
holding HOPE Stock Option (right to buy) 6.17K Jan 27, 2022 Common Stock 6.17K $14.65 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total amount of securities beneficially owned in column 5 of Table I in this Form 4 includes 5,391 Restricted Stock Units ("RSU") granted on May 20, 2021 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP") previously reported in Table II.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.48 to $16.95, inclusive. The reporting person undertakes to provide to HOPE Bancorp, Inc., any security holder of HOPE Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
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.