SEC Form 5 · accession 0001209191-19-010301
HOPE BANCORP INC · HOPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Yoon-suk Whang
Director
Period of report
Dec 31, 2018
Accepted (ET)
Feb 14, 2019 · 5:27 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,F2 | Dec 31, 2018 | G | 3,000 | $0.00 | D | 46,702 | D | |
| Common StockF1 | Dec 31, 2018 | G | 3,000 | $0.00 | A | 14,700 | I | By wife as UGMA custodian for grandchildren |
| Common StockF3 | Dec 31, 2018 | G | 2,000 | $0.00 | D | 44,702 | D | |
| Common StockF3,F4 | Dec 31, 2018 | G | 2,000 | $0.00 | A | 9,800 | I | By reporting person as UGMA custodian for grandchildren |
| Common Stock | Dec 31, 2018 | G | 1,000 | $0.00 | D | 43,702 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transfer from the Scott Whang & Lydia Whang Trust Under Agreement 07/19/2001 S&O Revocable Trust to reporting person's wife as custodian of three of six grandchildren under Uniform Gifts to Minors Act. On 12/31/2018, reporting person gifted to three of six grandchildren common stock in the amount of 1,000 shares each. Reporting person disclaims beneficial ownership of all securities held by his grandchildren, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act of 1934 or for any other purpose.
- F2This amount reflects the corrected number of securities beneficially owned after the vesting of 4,500 restricted stock units on Form 4 filed on 9/5/2018.
- F3Transfer from the Scott Whang & Lydia Whang Trust Under Agreement 07/19/2001 S&O Revocable Trust to reporting person as custodian of two of six grandchildren under Uniform Gifts to Minors Act. On 12/31/2018, reporting person gifted to two of six grandchildren common stock in the amount of 1,000 shares each. Reporting person disclaims beneficial ownership of all securities held by his grandchildren, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Exchange Act of 1934 or for any other purpose.
- F4This amount reflects the transfer of 3,900 shares of common stock from the custodian to a beneficiary grandchild who reached the age of majority on 11/5/2017.