SEC Form 4 · accession 0001209191-17-063339
HOPE BANCORP INC · HOPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Koh
Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 7:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001128361
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2017 | S | 41,423 | $19.0042 | D | 54,014 | I | KOH CHARITABLE FOUNDATION |
| Common Stock | holding | — | — | — | 3,226,092 | I | KOH-WILSHIRE LP | |
| Common Stock | holding | — | — | — | 608,261 | I | STEVEN S KOH TR KOH-WILSHIRE TRUST UA DTD 06/04/04 | |
| Common Stock | holding | — | — | — | 805 | I | STEVEN SUKHWA KOH 2007 RETAINED ANNUITY TRUST | |
| Common Stock | holding | — | — | — | 805 | I | JUNG OK KOH 2007 RETAINED ANNUITY TRUST |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 6,667 | 6,667 | D |
| Non-qualified stock option (right to buy)F3 | $17.18 | holding | — | — | — | — | Sep 1, 2026 | Common Stock | 30,000 | 30,000 | D |
| Stock Option (right to buy) | $5.02 | holding | — | — | — | Aug 1, 2016 | Jan 28, 2022 | Common Stock | 105,510 | 105,510 | D |
| Stock Option (right to buy) | $14.65 | holding | — | — | — | Aug 1, 2016 | Aug 25, 2025 | Common Stock | 6,167 | 6,167 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.10, 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.
- F2Total 20,000 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, 1/3 vested on September 1, 2017, and remaining 1/3 will vest on September 1, 2018.
- F3These 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.