SEC Form 4 · accession 0001390280-16-000001
HOPE BANCORP INC · HOPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa K Pai
Officer — EVP & GENERAL COUNSEL / CHIEF
Period of report
Jul 29, 2016
Accepted (ET)
Aug 2, 2016 · 9:09 pm EDT
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 | Jul 29, 2016 | A | 12,535 | — | A | 12,535 | D | |
| Common Stock (Restricted Stock)F2 | Jul 29, 2016 | A | 8,352 | — | A | 8,352 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right To Buy)F3 | $8.71 | Jul 29, 2016 | A | 21,102 | A | Aug 1, 2016 | Jan 30, 2018 | Common Stock | 21,102 | 21,102 | D |
Explanation of responses
- F1Received in exchange for 17,822 shares of Wilshire Bancorp, Inc. ("Wilshire") common stock in connection with merger of Wilshire Bancorp, Inc. into HOPE Bancorp, Inc. (former BBCN Bancorp, Inc.)(the "Merger"). On the effective date of the Merger, the closing price of Wilshire's common stock was $10.74 per share, and the closing price of HOPE Bancorp, Inc. was $15.37 per share.
- F2Received in exchange for 11,875 shares of Wilshire common stock (Restricted Stock) in connection with the Merger
- F3Received in the Merger in exchange for a stock option to acquire 30,000 shares of Wilshire common stock