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HOPE BANCORP, INC. (NASDAQ:HOPE) Files An 8-K Submission of Matters to a Vote of Security Holders

HOPE BANCORP, INC. (NASDAQ:HOPE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.

The annual meeting of stockholders of Hope Bancorp, Inc. (the “Company”) was held on July 6, 2017. At the meeting, the stockholders voted on the following proposals:

2.

nonbinding advisory vote to approve the compensation paid to the Company’s “Named Executive Officers” as described in the Company’s Proxy Statement, dated June 6, 2017; and

3.

ratification of the appointment of Crowe Horwath LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2017.

A total of 125,311,266 shares of the Company’s common stock were represented and voted at the meeting, constituting 92.65% of the issued and outstanding shares of common stock entitled to vote at the meeting.

The final results of the stockholder votes were as follows:

1. Election of directors of the Company:

Votes Cast For

Votes Withheld

Broker Non-Votes

Donald D. Byun

111,300,136

464,332

13,546,798

Steven J. Didion

111,258,657

505,811

13,546,798

Jinho Doo

111,186,607

577,861

13,546,798

Daisy Y. Ha

111,257,604

506,864

13,546,798

Jin Chul Jhung

111,231,736

532,732

13,546,798

Kevin S. Kim

111,326,723

437,745

13,546,798

Steven S. Koh

111,214,492

549,976

13,546,798

Chung Hyun Lee

111,243,965

520,503

13,546,798

William J. Lewis

111,149,711

614,757

13,546,798

David P. Malone

109,671,515

2,092,953

13,546,798

John R. Taylor

111,322,272

442,196

13,546,798

Scott Yoon-Suk Whang

111,285,583

478,885

13,546,798

Dale S. Zuehls

111,172,207

592,261

13,546,798

Each of the nominees noted above was re-elected to serve as members of the board of directors of the Company until the Company’s next annual meeting of stockholders and until their successors are duly elected and qualified.

2. Nonbinding advisory vote to approve the compensation paid to the Company’s “Named Executive Officers” as described in the Company’s Proxy Statement dated June 6, 2017.

Total Shares

For:

108,942,625

Against:

2,405,907

Abstain:

415,936

Broker Non-Votes:

13,546,798

This proposal was approved by the stockholders with the number of shares voting “for” constituting approximately 97.48% of the total number of shares represented and voting at the meeting.

3. Ratification of the appointment of Crowe Horwath LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2017.

Total Shares

For:

125,270,929

Against:

28,497

Abstain:

11,840

Broker Non-Votes:

This proposal was approved by the stockholders with the number of shares voting “for” constituting approximately 99.97% of the total number of shares represented and voting at the meeting.

Item 8.01 Other Events.

On July 12, 2017, the Company announced the appointment of Steven C. Canup, age 50, as Executive Vice President and Chief Institutional Banking Officer of its wholly owned subsidiary, Bank of Hope (the “Bank”), effective immediately. Reporting directly to President and Chief Executive Officer Kevin S. Kim, Mr. Canup will head Bank of Hope’s new Institutional Banking Group. A copy of the July 12, 2017 press release announcing Mr. Canup’s appointment is furnished herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

Exhibit No. Description of Exhibit

99.1

News release dated July 12, 2017 announcing the appointment of Steven C. Canup as Executive Vice President and Chief Institutional Banking Officer.

HOPE BANCORP INC ExhibitEX-99.1 2 hope8-k20170712ex991.htm EXHIBIT 99.1 Exhibit News ReleaseBANK OF HOPE APPOINTS STEVEN C. CANUP EXECUTIVE VICE PRESIDENT TO HEAD NEW INSTITUTIONAL BANKING GROUP LOS ANGELES – July 12,…To view the full exhibit click here
About HOPE BANCORP, INC. (NASDAQ:HOPE)
Hope Bancorp, Inc., formerly BBCN Bancorp, Inc., is the holding company of Bank of Hope. Bank of Hope is the regional Korean-American bank in the United States. Bank of Hope operates approximately 85 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia and Alabama. The Bank also operates small business administration (SBA) loan production offices in Seattle, Denver, Dallas, Atlanta, Northern California, Annandale, Virginia, Portland, Oregon and Fremont, California; residential mortgage loan production offices in California, and a representative office in Seoul, Korea. Bank of Hope specializes in business banking products for small and medium-sized businesses, with an emphasis in commercial real estate and commercial lending, SBA lending and international trade financing. Bank of Hope is a California-chartered bank, and its deposits are insured by the Federal Deposit Insurance Corporation (FDIC).

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