Filing Details

Accession Number:
0001209191-11-033395
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-06-07 13:24:07
Reporting Period:
2011-06-06
Filing Date:
2011-06-07
Accepted Time:
2011-06-07 13:24:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1128361 Nara Bancorp Inc NARA National Commercial Banks (6021) 954170121
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1253199 Jesun Paik 3731 Wilshire Blvd., Suite 1000
Los Angeles CA 90010
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-06-06 10,000 $4.75 61,033 No 4 M Direct
Common Stock Acquisiton 2011-06-06 10,000 $4.75 71,033 No 4 M Direct
Common Stock Disposition 2011-06-06 10,000 $7.94 61,033 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-statutory stock options Disposition 2011-06-06 10,000 $0.00 10,000 $4.75
Common Stock Non-statutory stock options Disposition 2011-06-06 10,000 $0.00 10,000 $4.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2011-07-20 No 4 M Direct
0 2011-07-20 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $7.755 to $8.23, inclusive. The reporting person undertakes to provide to Nara Bancorp, inc., any security holder of Nara Bancorp, Inc., or the staff othe Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
  2. The original option grant, representing a right to purchase a total of 30,000 shares, became exercisable in three equal annual installments on the grant anniversary date, commencing with the first anniversary date of July 20, 2002. Since the original option grant, NARA stock went through two stock splits 2-for-1, resulting in the reporting person's ownership of additional 80,000 stock options.