MIN KIM - 24 Jun 2022 Form 4 Insider Report for OP Bancorp (OPBK)

Signature
/s/ Christine Oh attorney-in-fact for Min J. Kim
Issuer symbol
OPBK
Transactions as of
24 Jun 2022
Transactions value $
-$79,286
Form type
4
Filing time
27 Jun 2022, 16:26:06 UTC
Previous filing
18 Mar 2022
Next filing
16 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise $0 +21,406 +5.49% $0.000000 411,048 24 Jun 2022 Direct F1
transaction OPBK Common Stock Tax liability -$79,286 -7,403 -1.8% $10.71 403,645 24 Jun 2022 Direct

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 OPBK Restricted Stock Unit Options Exercise $0 -21,406 -33.3% $0.000000 42,813 24 Jun 2022 Common Stock 21,406 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to shares of common stock on a one-for-one basis.
F2 On June 24, 2021, the reporting person was granted 64,219 shares of restricted stock units, vesting in 3 equal annual installments beginning on the first anniversary of the grant date.