Min Kim - Jun 26, 2023 Form 4 Insider Report for OP Bancorp (OPBK)

Signature
/s/ Christine Oh attorney-in-fact for Min J. Kim
Stock symbol
OPBK
Transactions as of
Jun 26, 2023
Transactions value $
-$62,037
Form type
4
Date filed
6/28/2023, 03:24 PM
Previous filing
Mar 23, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise +21.4K +3.87% 575K Jun 26, 2023 Direct F1
transaction OPBK Common Stock Tax liability -$62K -7.4K -1.29% $8.38 568K Jun 26, 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 -21.4K -50% $0.00 21.4K Jun 26, 2023 Common Stock 21.4K 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.