Jin Chul Jhung - 20 May 2021 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
24 May 2021, 18:59:52 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ by Claire Hur as AIF for Jin Chul Jhung

Key filing fact

Jin Chul Jhung filed Form 4 for HOPE BANCORP INC (HOPE) on 24 May 2021.

Key facts

  • This page summarizes Jin Chul Jhung's Form 4 filing for HOPE BANCORP INC (HOPE).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 24 May 2021, 18:59.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HOPE transaction

Common Stock

Options Exercise

Transaction value
$90,348
Shares
+5,882
Change %
+12%
Price
$15.36
Shares after
53,808
Date
20 May 2021
Ownership
Direct
HOPE holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
189,193
Date
20 May 2021
Ownership
Irrevocable Trust
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HOPE transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$90,348
Shares
-5,882
Change %
-100%
Price
$15.36
Shares after
0
Date
20 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,882
Exercise price
Footnotes
F2
HOPE holding Derivative

Non-qualified stock option (right to buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,000
Date
20 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
20,000
Exercise price
$17.18
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Jin Chul Jhung is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Ownership includes 189,193 shares gifted to an irrevocable trust with his spouse as sole trustee to which Mr. Jhung retains the sole voting and investment power.

Footnote F2

Total 5,882 Restricted Stock Units (RSU) were granted on June 18, 2020 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU represents a contingent right to receive one share of Hope common stock. 5,882 shares will vest either on the one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier.

Footnote F3

These options were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. 1/3 of the options vested immediately on the grant date, with the remaining 2/3 vesting in two equal annual installments thereafter.

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