SEC Form 4 · accession 0001209191-16-151756
HANMI FINANCIAL CORP · HAFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg D Kim
Officer — Chief Administrative Officer
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 5:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001109242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 18, 2016 | M | 1,000 | $10.80 | A | 14,969 | D | |
| Common Stock | Nov 18, 2016 | M | 5,500 | $12.54 | A | 20,469 | D | |
| Common Stock | Nov 18, 2016 | M | 25,000 | $16.43 | A | 45,469 | D | |
| Common StockF2 | Nov 18, 2016 | F | 16,000 | $30.81 | D | 29,469 | D | |
| Common Stock | Nov 22, 2016 | S | 3,000 | $31.40 | D | 26,469 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $10.80 | Nov 18, 2016 | M | 1,000 | D | Apr 8, 2010 | Apr 8, 2019 | Common Stock | 1,000 | 30,500 | D |
| Stock OptionsF4 | $12.54 | Nov 18, 2016 | M | 5,500 | D | Dec 12, 2013 | Dec 12, 2022 | Common Stock | 5,500 | 25,000 | D |
| Stock OptionsF5 | $16.43 | Nov 18, 2016 | M | 25,000 | D | Aug 28, 2014 | Aug 28, 2023 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1There was an inadvertent error on reporting person's Form 3 which resulted in an incorrect number of total shares reported. This filing updates and corrects that figure.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.75 to $30.90. The reporting person undertakes to provide to Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F3The option vested 20% one year from the grant date of 4/8/2009, and the remaining fully vested at the end of each four-year period through 4/8/2014.
- F4The option vested 25% immediately on the grant date of 12/12/2012, and additional 25% vested on each the anniversary date, with full vesting occurring on 12/12/2015.
- F5The option vested one-third each year on the anniversary of the grant date with full vesting occurring on 8/28/2016.