Form 4 for HOPE HOPE BANCORP INC
Accepted 2025-03-11 00:00:00 ET · period of report 2025-03-07 · accession 0000950170-25-036933 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-11 | 2025-03-07 | HOPE | Kim Kevin Sung | COB, Pres, CEO, Dir | F - Tax | $10.57 | -12.3K | 931.8K | -1% | -$130.1K |
| D | 2025-03-11 | 2025-03-07 | HOPE | Kim Kevin Sung | COB, Pres, CEO, Dir | M - OptEx | $10.57 | +34.4K | 944.1K | +4% | +$363.5K |
| DM | 2025-03-11 | 2025-03-07 | HOPE | Kim Kevin Sung | COB, Pres, CEO, Dir | M - OptEx | $10.57 | -29.3K | 0 | -100% | -$309.8K |
| D | 2025-03-11 | 2025-03-07 | HOPE | Kim Kevin Sung | COB, Pres, CEO, Dir | D - Sale to Iss | $10.57 | -19.5K | 0 | -100% | -$206.5K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-07 | F | D | 12,306 | $10.57 | 931,790 | D | — | — | (F1) Shares disposed to satisfy the Reporting Person's tax liability incurred by the vesting of a previously granted award. |
| 2 | Common | Common Stock | 2025-03-07 | M | A | 34,393 | $10.57 | 944,096 | D | — | — | |
| 3 | Derivative | Performance-based Restricted Stock Units | 2025-03-07 | M | D | 19,541 | $10.57 | 0 | D | — · — to — | 19,541 Common Stock | (F10) 19,541 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified absolute earnings per share in relation to the bank's stated budget over a 12- month period from January 1, 2022 through December 31, 2022. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. |
| 4 | Derivative | Performance-based Restricted Stock Units | 2025-03-07 | D | D | 19,541 | $10.57 | 0 | D | — · — to — | 19,541 Common Stock | (F11) 19,541 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative return on common tangible equity in relation to the bank's stated peer group over a 12-quarter period from January 1, 2022 through December 31, 2024. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. |
| 5 | Derivative | Performance-based Restricted Stock Units | 2025-03-07 | M | D | 9,771 | $10.57 | 0 | D | — · — to — | 9,771 Common Stock | (F9) 9,771 PRSU were granted on March 23, 2022 pursuant to the 2017 LTIP and 2019 ICP and subject to a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the bank's stated peer group over a 12-quarter period from January 1, 2022 through December 31, 2024. Each PRSU represents a contingent right to receive one share of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is not met, 50% to 99% on a prorated basis if the Threshold is met but the Target goal is not met, 100% to 149% on a prorated basis if the Target goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. |