William J. Lewis - 19 May 2022 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/ by Claire Hur as AIF for William Lewis
Issuer symbol
HOPE
Transactions as of
19 May 2022
Net transactions value
+$54,780
Form type
4
Filing time
23 May 2022, 18:41:57 UTC
Previous filing
24 May 2021
Next filing
13 Sep 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 $54,780 +3,984 +24% $13.75 20,650 19 May 2022 Direct
transaction HOPE Common Stock Award $0 +4,451 +22% $0.000000 25,101 19 May 2022 Direct F1

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 -3,984 -100% 0 19 May 2022 Common Stock 3,984 Direct F2
holding HOPE Non-qualified stock option (right to buy) 20,000 19 May 2022 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 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 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.