MIN KIM - 01 Apr 2024 Form 4 Insider Report for OP Bancorp (OPBK)

Role: Chief Executive Officer, Director
Signature: /s/ Christine Oh attorney-in-fact for Min J. Kim
Issuer symbol: OPBK
Transactions as of: 01 Apr 2024
Net transactions value: +$160,002
Form type: 4
Filing time: 03 Apr 2024, 18:54:14 UTC
Previous filing: 28 Jun 2023
Next filing: 26 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPBK	Common Stock	Options Exercise	$480,000	+60,000	+11%	$8.00	627,648	01 Apr 2024	Direct
transaction	OPBK	Common Stock	Tax liability	$319,998	-30,769	-4.9%	$10.40	596,879	01 Apr 2024	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	-60,000	-100%	$0.000000^*	0	01 Apr 2024	Common Stock	60,000	$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.