Sec Form 5 Filing - Stenger Thomas @ HOPE BANCORP INC - 2021-12-31

FORM 5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person Stenger Thomas 2. Issuer Name and Ticker or Trading Symbol HOPE BANCORP INC [ HOPE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP, Chief Risk Officer (Last) (First) (Middle) 3200 WILSHIRE BLVD STE 1400 3. Date of Earliest Transaction (MM/DD/YY) 12/31/2021 (Street) LOS ANGELES, CA90010 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 22,416( 1 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Performance-based Restricted Stock Units ( 2 ) ( 2 ) ( 2 ) Common Stock 1,816 1,816 D Performance-based Restricted Stock Units ( 3 ) ( 3 ) ( 3 ) Common Stock 1,816 1,816 D Performance-based Restricted Stock Units ( 4 ) ( 4 ) ( 4 ) Common Stock 907 907 D Performance-based Restricted Stock Units ( 5 ) ( 5 ) ( 5 ) Common Stock 4,000 4,000 D Performance-based Restricted Stock Units ( 6 ) ( 6 ) ( 6 ) Common Stock 4,000 4,000 D Performance-based Restricted Stock Units ( 7 ) ( 7 ) ( 7 ) Common Stock 1,849 1,849 D Performance-based Restricted Stock Units ( 8 ) ( 8 ) ( 8 ) Common Stock 1,849 1,849 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Stenger Thomas 3200 WILSHIRE BLVD STE 1400 LOS ANGELES, CA90010 EVP, Chief Risk Officer Signatures /s/Claire Hur as AIF for Thomas Stenger 02/11/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Total amount of securities beneficially owned in Column 5 of Table I in this Form 5 includes all of the reporting owner's unvested RestrictedStock Units ("RSU") granted on May 19, 2021, March 17, 2021, April 22, 2020, March 6, 2020, May 23, 2019, and February 28, 2019 pursuant to the HOPEBancorp, Inc. 2019 Incentive Compensation Plan ("2019 ICP") previously reported in Table II. Outstanding RSU shares will vest according topreviously disclosed vesting schedules. ( 2 )1,816 performance-based restricted stock units ("PRSU") were granted on May 19, 2021 pursuant to the 2017 LTIP and 2019 ICP and subjectto a 3-year cliff vesting. Vesting of these PRSU shares depends upon Hope's achievement of a specified relative return on common tangibleequity in relation to the bank's stated peer group over a 12-quarter period from January 1, 2021 through December 31, 2023. Each PRSUrepresents 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 theTarget 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 exceeded. ( 3 )1,816 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 thesePRSU 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 Hopecommon stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Thresholdgoal 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 theTarget goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. ( 4 )907 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 PRSUshares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the bank's stated peergroup over a 12-quarter period from January 1, 2021 through December 31, 2023. Each PRSU represents a contingent right to receive oneshare of Hope common stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target ifthe 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 aprorated 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 )4,000 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 thesePRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the KRX Index overan 11-quarter period from April 1, 2020 through December 31, 2022. Each PRSU represents a contingent right to receive one share of Hopecommon stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Thresholdgoal 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 theTarget goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. ( 6 )4,000 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 thesePRSU 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 commonstock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is notmet, 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 goalis met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. ( 7 )1,849 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 thesePRSU 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 commonstock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Threshold goal is notmet, 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 goalis met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded. ( 8 )1,849 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 thesePRSU shares depends upon Hope's achievement of a specified relative ranking of the total stockholder return in relation to the KRX Index overan 11-q uarter period from April 1, 2019 through December 31, 2021. Each PRSU represents a contingent right to receive one share of Hopecommon stock at Target performance. The "Target" number of shares is reported. Possible payout ranges from 0% of Target if the Thresholdgoal 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 theTarget goal is met but the Stretch goal is not met, and 150% if the Stretch goal is met or exceeded.

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