| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOPE | Common Stock | Options Exercise | $19.1 K | +1.4 K | +6.75% | $13.65 | 22.1 K | Sep 1, 2021 | Direct | |
| transaction | HOPE | Common Stock | Tax liability | -$6.62 K | -485 | -2.19% | $13.65 | 21.7 K | Sep 1, 2021 | Direct |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HOPE | Time-based Restricted Stock Units | Options Exercise | -$19.1 K | -1.4 K | -100% | $13.65 | 0 | Sep 1, 2021 | Common Stock | 1.4 K | Direct | F13 | |
| holding | HOPE | Common Stock | 5.51 K | Sep 1, 2021 | Common Stock | 5.51 K | Direct | F1 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 2.21 K | Sep 1, 2021 | Common Stock | 2.21 K | Direct | F2 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 2.21 K | Sep 1, 2021 | Common Stock | 2.21 K | Direct | F3 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 1.1 K | Sep 1, 2021 | Common Stock | 1.1 K | Direct | F4 | ||||||
| holding | HOPE | Time-based Restricted Stock Units | 3.98 K | Sep 1, 2021 | Common Stock | 3.98 K | Direct | F5 | ||||||
| holding | HOPE | Time-based Restricted Stock Units | 6.67 K | Sep 1, 2021 | Common Stock | 6.67 K | Direct | F6 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 5 K | Sep 1, 2021 | Common Stock | 5 K | Direct | F7 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 5 K | Sep 1, 2021 | Common Stock | 5 K | Direct | F8 | ||||||
| holding | HOPE | Time-based Restricted Stock Units | 2.69 K | Sep 1, 2021 | Common Stock | 2.69 K | Direct | F9 | ||||||
| holding | HOPE | Time-based Restricted Stock Units | 2.06 K | Sep 1, 2021 | Common Stock | 2.06 K | Direct | F10 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 3.08 K | Sep 1, 2021 | Common Stock | 3.08 K | Direct | F11 | ||||||
| holding | HOPE | Performance-based Restricted Stock Units | 3.08 K | Sep 1, 2021 | Common Stock | 3.08 K | Direct | F12 | ||||||
| holding | HOPE | Incentive Stock Option (right to buy) | 20 K | Sep 1, 2021 | Common Stock | 20 K | $17.18 | Direct | F14 |
| Id | Content |
|---|---|
| F1 | Total 5,513 Restricted Stock Units ("RSU") were granted on May 19, 2021 pursuant to the Hope Bancorp, Inc. 2017 Long-Term Incentive Plan ("2017 LTIP") and the Hope Bancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP"). Each RSU represents a contingent right to receive one share of Hope common stock. Installments of 1,837 shares will vest on May 19, 2022 and 1,838 each will vest annually on May 19, 2022 and 2023. |
| F2 | 2,205 performance-based restricted stock units ("PRSU") were granted on May 19, 2021 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, 2021 through December 31, 2023. 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. |
| F3 | 2,205 PRSU were granted on May 19, 2021 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, 2021 through December 31, 2021. 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. |
| F4 | 1,102 PRSU were granted on May 19, 2021 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, 2021 through December 31, 2023. 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. |
| F5 | Total 3,978 RSU were granted on March 17, 2021 pursuant to the 2019 ICP. Each RSU represents a contingent right to receive one share of Hope common stock. Installments of 1,989 each will vest annually on March 17, 2022 and 2023. |
| F6 | Total 10,000 RSU were granted on April 22, 2020 pursuant to the 2017 LTIP and the 2019 ICP. Each RSU represents a contingent right to receive one share of Hope common stock. Installments of 3,333 each will vest annually on April 22, 2021 and April 22, 2022, and 3,334 shares will vest on April 22, 2023. |
| F7 | 5,000 PRSU were granted on April 22, 2020 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 KRX Index over an 11-quarter period from April 1, 2020 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. |
| F8 | 5,000 PRSU were granted on April 22, 2020 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 average assets in relation to the KRX Index over an 11-quarter period from April 1, 2020 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. |
| F9 | Total 5,377 RSU were granted on March 6, 2020 pursuant to the 2019 ICP. Each RSU represents a contingent right to receive one share of Hope common stock. Installments of 2,688 and 2,689 shares each will vest annually on March 6, 2021 and 2022 respectively. |
| F10 | Total 6,164 RSU were granted on May 23, 2019 pursuant to the 2017 LTIP and the 2019 ICP. Each RSU represents a contingent right to receive one share of Hope common stock. Installment of 2,054 shares will vest on May 23, 2020, and 2,055 shares each will vest annually on May 23, 2021, and 2022. |
| F11 | 3,082 PRSU were granted on May 23, 2019 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 average assets in relation to the KRX Index during the 11-quarter period from April 1, 2019 through December 31, 2021. 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. |
| F12 | 3,082 PRSU were granted on May 23, 2019 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 KRX Index over an 11-quarter period from April 1, 2019 through December 31, 2021. 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. |
| F13 | On September 1, 2016, the reporting person was granted 7,000 RSU pursuant to the 2016 ICP. RSUs convert into common stock on a one-for-one basis and vest annually in five equal installments on September 1st of 2017, 2018, 2019, 2020, and 2021. |
| F14 | Non-qualified stock options granted on September 1, 2016 pursuant to the 2016 ICP. These options vest annually in five equal installments on September 1st of 2017, 2018, 2019, 2020 and 2021. |