MIN KIM - 10 Mar 2023 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
10 Mar 2023
Transactions value $
$560,000
Form type
4
Filing time
14 Mar 2023, 13:40:48 UTC
Previous filing
16 Dec 2022
Next filing
23 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPBK Common Stock Options Exercise $560,000 +70,000 +15.1% $8.00 533,645 10 Mar 2023 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 Stock Option (Right to Buy) Options Exercise $0 -70,000 -46.7% $0.000000 80,000 10 Mar 2023 Common Stock 70,000 $8.00 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option, representing a right to purchase a total of 210,000 shares, became exercisable in seven equal annual installments beginning on April 1, 2015, which was the first anniversary of the date on which the option was granted.