MIN KIM - 20 Mar 2023 Form 4 Insider Report for OP Bancorp (OPBK)

Signature
/s/ Christine Oh attorney-in-fact for Min J. Kim
Issuer symbol
OPBK
Transactions as of
20 Mar 2023
Net transactions value
+$160,000
Form type
4
Filing time
23 Mar 2023, 18:32:00 UTC
Previous filing
14 Mar 2023
Next filing
28 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise $160,000 +20,000 +3.7% $8.00 553,645 20 Mar 2023 Direct

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 OPBK Stock Option (Right to Buy) Options Exercise $0 -20,000 -25% $0.000000 60,000 20 Mar 2023 Common Stock 20,000 $8.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option, representing a right to purchase a total of 210,000 shares, became exercisable in seven equal annual installments beginning on April 1, 2015, which was the first anniversary of the date on which the option was granted.