OP Bancorp (OPBK) Form 3 OP Bancorp / STEVE K. PARK ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

PARK STEVE K.

(Last) (First) (Middle)

1000 WILSHIRE BOULEVARD, SUITE 500

(Street)

LOS ANGELES CA 90017

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/27/2018

3. Issuer Name and Ticker or Trading Symbol
OP Bancorp [ OPBK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Credit Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	47,811	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (ISO)	06/01/2015	06/01/2020	Common Stock	70,000	2.88	D
Employee Restricted Stock Unit	(1)	(1)	Common Stock	24,000	(2)	D

Explanation of Responses:

1. Restricted stock units vest 1/7th per year from the original grant of 56,000 restricted stock units on July 25, 2013, subject to continued employment.

2. Each restricted stock unit represents a contingent right to receive one share of OPBK common stock.

Remarks:

Exhibit List Exhibit 24 - Power of Attorney

	/s/ Christine Oh attorney-in-fact for Steve K. Park	03/27/2018
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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