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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right To Buy) | $ 7.53 | 07/29/2016 | A | 14,068 | 08/01/2016 | 06/27/2017 | Common Stock | 14,068 | (3) | 14,068 | D | ||||
Stock Option (Right To Buy) | $ 14.95 | 07/29/2016 | A | 7,034 | (4) | 09/30/2020 | Common Stock | 7,034 | (5) | 7,034 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Koh Peter 3200 WILSHIRE BLVD LOS ANGELES, CA 90010 |
EVP & CHIEF CREDIT OFFICER |
Peter Koh | 08/02/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Received in exchange for 62,858 shares of Wilshire Bancorp, Inc. ("Wilshire") common stock in connection with merger of Wilshire Bancorp, Inc. into HOPE Bancorp, Inc. (former BBCN Bancorp, Inc.)(the "Merger"). On the effective date of the Merger, the closing price of Wilshire's common stock was $10.74 per share, and the closing price of HOPE Bancorp, Inc. was $15.37 per share. |
(2) | Received in exchange for 10,933 shares of Wilshire common stock (Restricted Stock) in connection with the Merger. |
(3) | Received in the Merger in exchange for a stock option to acquire 20,000 shares of Wilshire common stock |
(4) | Vesting schedule: 25% on 09/30/15, 25% on 09/30/16 25% on 09/30/17, and 25% on 09/30/18 |
(5) | Received in the Merger in exchange for a stock option to acquire 10,000 shares of Wilshire common stock |