Min Kim - Apr 1, 2024 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
Apr 1, 2024
Transactions value $
$160,002
Form type
4
Date filed
4/3/2024, 06:54 PM
Previous filing
Jun 28, 2023
Next filing
Jun 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise $480K +60K +10.57% $8.00 628K Apr 1, 2024 Direct
transaction OPBK Common Stock Tax liability -$320K -30.8K -4.9% $10.40 597K Apr 1, 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 -60K -100% $0.00* 0 Apr 1, 2024 Common Stock 60K $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.