Key facts
- This page summarizes Peter Koh's Form 4 filing for HOPE BANCORP INC (HOPE).
- 5 reported transactions and 9 derivative rows are listed below.
- Accepted by SEC: 11 Mar 2025, 12:00.
Peter Koh - 07 Mar 2025 Form 4 Insider Report for HOPE BANCORP INC (HOPE)
- Reporting relationship
- SEVP & COO
- Issuer ticker
- HOPE
- Reported as of
- 07 Mar 2025
- Net transaction value
- -$32,619
- SEC form
- 4
- Accepted by SEC
- 11 Mar 2025, 12:00:09 UTC
- Prior SEC filing
- 23 Jul 2024
- Next SEC filing
- 25 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/Claire Hur as attorney-in-fact for Peter Koh
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Peter Koh filed Form 4 for HOPE BANCORP INC (HOPE) on 11 Mar 2025.
Change
- Previous filing in this sequence was filed on 23 Jul 2024.
- Current net transaction value: -$32,619.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
HOPE
transaction
Common Stock
Options Exercise
- Transaction value
- $39,246
- Shares
- +3,713
- Change %
- +3%
- Price
- $10.57
- Shares after
- 128,093
- Date
- 07 Mar 2025
- Ownership
- Direct
HOPE
transaction
Common Stock
Tax liability
- Transaction value
- $16,130
- Shares
- -1,526
- Change %
- -1.2%
- Price
- $10.57
- Shares after
- 126,567
- Date
- 07 Mar 2025
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
HOPE
transaction
Derivative
Performance-based Restricted Stock Units
Options Exercise
- Transaction value
- $11,151
- Shares
- -1,055
- Change %
- -100%
- Price
- $10.57
- Shares after
- 0
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,055
- Exercise price
- Footnotes
- F8
HOPE
transaction
Derivative
Performance-based Restricted Stock Units
Options Exercise
- Transaction value
- $22,292
- Shares
- -2,109
- Change %
- -100%
- Price
- $10.57
- Shares after
- 0
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,109
- Exercise price
- Footnotes
- F9
HOPE
transaction
Derivative
Performance-based Restricted Stock Units
Disposed to Issuer
- Transaction value
- $22,292
- Shares
- -2,109
- Change %
- -100%
- Price
- $10.57
- Shares after
- 0
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,109
- Exercise price
- Footnotes
- F10, F11
HOPE
holding
Derivative
Performance-based Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,792
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,792
- Exercise price
- Footnotes
- F2
HOPE
holding
Derivative
Performance-based Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,792
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,792
- Exercise price
- Footnotes
- F3
HOPE
holding
Derivative
Performance-based Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,903
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,903
- Exercise price
- Footnotes
- F4
HOPE
holding
Derivative
Performance-based Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,806
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,806
- Exercise price
- Footnotes
- F5
HOPE
holding
Derivative
Performance-based Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 3,806
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,806
- Exercise price
- Footnotes
- F6
HOPE
holding
Derivative
Incentive Stock Option (right to buy)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 20,000
- Date
- 07 Mar 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,000
- Exercise price
- $17.18
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 11 footnotes
Footnote F1
Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award.
Footnote F2
5,792 performance-based RSUs ("PRSUs") were granted on July 19, 2024 pursuant to the 2024 EIP and subject to cliff vesting following completion of a 3-year performance period. Vesting of these PRSU shares depends upon Hope's achievement of a specified absolute return on average tangible common equity. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F3
5,792 PRSUs were granted on July 19, 2024 pursuant to the 2024 IEP and subject to cliff vesting following a three-year performance period. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the KRX Index over 12 quarter period from January 1, 2024 through December 31, 2026. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F4
1,903 PRSU were granted on March 22, 2023 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the bank's stated peer group over a 12-quarter period from January 1, 2023 through December 31, 2025. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F5
3,806 PRSU were granted on March 22, 2023 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative return on common tangible equity in relation to the bank's stated peer group over a 12-quarter period from January 1, 2023 through December 31, 2025. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F6
3,806 PRSU were granted on March 22, 2023 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified absolute earnings per share in relation to the bank's stated budget over a 12- month period from January 1, 2023 through December 31, 2023. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F7
Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 ICP. These options were fully vested as of September 1, 2021.
Footnote F8
1,055 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the bank's stated peer group over a 12-quarter period from January 1, 2022 through December 31, 2024. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F9
2,109 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified absolute earnings per share in relation to the bank's stated budget over a 12- month period from January 1, 2022 through December 31, 2022. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F10
2,109 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative return on common tangible equity in relation to the bank's stated peer group over a 12-quarter period from January 1, 2022 through December 31, 2024. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.
Footnote F11
Represents the forfeiture of PRSU granted to the reporting person on March 23, 2022 that were eligible to vest based on certain financial performance objectives.