Filing Details
- Accession Number:
- 0001209191-18-048269
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-23 18:31:51
- Reporting Period:
- 2018-08-21
- Accepted Time:
- 2018-08-23 18:31:51
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1128361 | Hope Bancorp Inc | HOPE | National Commercial Banks (6021) | 954849715 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1301728 | Donald Byun | 3200 Wilshire Blvd. Suite 1400 Los Angeles CA 90010 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right To Buy) | Acquisiton | 2018-08-21 | 35,170 | $5.02 | 35,170 | No | 4 | M | Direct | |
| Stock Option (Right To Buy) | Acquisiton | 2018-08-21 | 5,286 | $14.65 | 40,456 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-08-22 | 40,456 | $17.84 | 437,272 | No | 4 | S | Indirect | By self and spouse as trustees of family trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Indirect | By self and spouse as trustees of family trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2018-08-21 | 35,170 | $5.02 | 35,170 | $5.02 |
| Common Stock | Stock Option (right to buy) | Disposition | 2018-08-21 | 5,286 | $14.65 | 5,286 | $14.65 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-08-01 | 2022-01-28 | No | 4 | M | Direct |
| 0 | 2016-08-01 | 2025-08-25 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | $0.00 | 4,500 | 4,500 | Direct | ||
| Common Stock | Non-qualified stock option (right to buy) | $17.18 | 2026-09-01 | 20,000 | 20,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 4,500 | 4,500 | Direct | |
| 2026-09-01 | 20,000 | 20,000 | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.81 to $17.86, inclusive. The reporting person undertakes to provide to HOPE Bancorp, Inc., any security holder of HOPE Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- These shares were previously reported as directly beneficially owned but were transferred by reporting person and spouse to a revocable family trust on August 8, 2017. Of the total 574,254 shares that were transferred to the family trust, 1,026 shares were sold on 8/24/17 and 100,000 shares were sold on 8/25/17.
- 13,500 restricted stock units were granted on September 1, 2016 pursuant to the BBCN Bancorp, Inc. 2016 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Hope Bancorp, Inc. common stock. 1/3 of the award vested immediately on the grant date, with the remaining 2/3 vesting in 2 equal annual installments thereafter.
- 20,000 stock 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.
- Received pursuant to the merger between BBCN Bancorp, Inc. and Wilshire Bancorp, Inc. effective July 29, 2016 (the "Merger"), in exchange for a stock option to acquire 50,000 shares of Wilshire Bancorp, Inc. common stock.
- Received in the Merger in exchange for a stock option to acquire 7,515 shares of Wilshire Bancorp, Inc. common stock.
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