Steven Koh - 27 Jan 2022 Form 4 Insider Report for HOPE BANCORP INC (HOPE)

Role: Director
Signature: /s/ by Claire Hur as AIF for Steven Koh
Issuer symbol: HOPE
Transactions as of: 27 Jan 2022
Transactions value $: $-1,197,507
Form type: 4
Filing time: 31 Jan 2022, 19:21:44 UTC
Previous filing: 24 May 2021
Next filing: 23 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HOPE	Common Stock	Options Exercise	$529,660	+105,510	+501%	$5.02	126,587	27 Jan 2022	Direct	F1
transaction	HOPE	Common Stock	Tax liability	$-1,197,507	-71,821	-56.7%	$16.67	54,766	27 Jan 2022	Direct	F2
holding	HOPE	Common Stock						3,298,043	27 Jan 2022	Various Trusts

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HOPE	Stock Option (right to buy)	Options Exercise	$-529,660	-105,510	-100%	$5.02	0	27 Jan 2022	Common Stock	105,510	$5.02	Direct
holding	HOPE	Non-qualified stock option (right to buy)						30,000	27 Jan 2022	Common Stock	30,000	$17.18	Direct	F3
holding	HOPE	Stock Option (right to buy)						6,167	27 Jan 2022	Common Stock	6,167	$14.65	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Total amount of securities beneficially owned in column 5 of Table I in this Form 4 includes 5,391 Restricted Stock Units ("RSU") granted on May 20, 2021 pursuant to the HOPE Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP") previously reported in Table II.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.48 to $16.95, 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 (2) to this Form 4.
F3	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.