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HOPE Hope Bancorp Inc

13.00
-0.52 (-3.85%)
30 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hope Bancorp Inc NASDAQ:HOPE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.52 -3.85% 13.00 12.00 13.00 13.59 12.925 13.46 1,864,266 00:59:59

Statement of Changes in Beneficial Ownership (4)

22/06/2020 8:52pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Koh Steven
2. Issuer Name and Ticker or Trading Symbol

HOPE BANCORP INC [ HOPE ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

3200 WILSHIRE BLVD., SUITE 1400
3. Date of Earliest Transaction (MM/DD/YYYY)

6/18/2020
(Street)

LOS ANGELES, CA 90010
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock         3304710 I Various Trusts 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)6/18/2020  A   9019     (1) (1)Common Stock 9019 $9.18 9019 D  
Non-qualified stock option (right to buy) $17.18            (2)9/1/2026 Common Stock 30000  30000 D  
Stock Option (right to buy) $5.02           8/1/2016 1/28/2022 Common Stock 105510  105510 D  
Stock Option (right to buy) $14.65           8/1/2016 8/25/2025 Common Stock 6167  6167 D  

Explanation of Responses:
(1) Total 9,019 Restricted Stock Units (RSU) were granted on June 18, 2020 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU, which represents a contingent right to receive one share of Hope common stock. 9,019 shares will vest either on one-year anniversary of grant date or the date of the next Hope Bancorp stockholders meeting, whichever is earlier.
(2) These 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Koh Steven
3200 WILSHIRE BLVD.
SUITE 1400
LOS ANGELES, CA 90010
X



Signatures
/s/ by Claire Hur as AIF for Steven Koh6/22/2020
**Signature of Reporting PersonDate

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