MIN KIM - 26 Jun 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
26 Jun 2023
Net transactions value
-$62,037
Form type
4
Filing time
28 Jun 2023, 15:24:08 UTC
Previous filing
23 Mar 2023
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise +21,406 +3.9% 575,051 26 Jun 2023 Direct F1
transaction OPBK Common Stock Tax liability $62,037 -7,403 -1.3% $8.38 567,648 26 Jun 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 Restricted Stock Unit Options Exercise $0 -21,406 -50% $0.000000 21,407 26 Jun 2023 Common Stock 21,406 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to shares of common stock on a one-for-one basis.
F2 On June 24, 2021, the reporting person was granted 64,219 shares of restricted stock units, vesting in 3 equal annual installments beginning on the first anniversary of the grant date.