Donald Byun - May 19, 2022 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/ by Claire Hur as AIF for Donald Byun
Stock symbol
HOPE
Transactions as of
May 19, 2022
Transactions value $
$54,780
Form type
4
Date filed
5/23/2022, 06:26 PM
Previous filing
May 24, 2021
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HOPE Common Stock Options Exercise $54.8K +3.98K +35.68% $13.75 15.2K May 19, 2022 Direct
transaction HOPE Common Stock Award $0 +4.45K +29.38% $0.00 19.6K May 19, 2022 Direct F1
holding HOPE Common Stock 478K May 19, 2022 By self and spouse as trustees of family trust

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 Options Exercise -3.98K -100% 0 May 19, 2022 Common stock 3.98K Direct F2
holding HOPE Non-qualified stock option (right to buy) 20K May 19, 2022 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 4,451 Restricted Stock Units (RSU) were granted on May 19, 2022 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. 4,451 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 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.
F3 20,000 stock 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.