Scott Y. Whang - May 19, 2022 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role
Director
Signature
/s/ by Claire Hur as AIF for Scott Y. Whang
Stock symbol
HOPE
Transactions as of
May 19, 2022
Transactions value $
$80,561
Form type
4
Date filed
5/23/2022, 06:53 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 $80.6K +5.86K +40.96% $13.75 20.2K May 19, 2022 Direct
transaction HOPE Common Stock Award $0 +6.55K +32.46% $0.00 26.7K May 19, 2022 Direct F1
holding HOPE Common Stock 27.2K May 19, 2022 Scott Whang & Lydia Whang Trust Under Agreement 7/19/2001 S&O Revocable Trust
holding HOPE Common Stock 13.8K May 19, 2022 By reporting person as UGMA custodian for grandchildren
holding HOPE Common Stock 20.7K May 19, 2022 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 Options Exercise -5.86K -100% 0 May 19, 2022 Common Stock 5.86K 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 6,545 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. 6,545 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 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.
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.