FORM 4
[ X ] 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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Jeon Lawrence Seokho
2. Issuer Name and Ticker or Trading Symbol

WILSHIRE BANCORP INC [ WIBC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

3200 WILSHIRE BOULEVARD, 14TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

7/29/2016
(Street)

LOS ANGELES, CA 90010
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   7/29/2016     D    87900   D   (1) 0   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Stock Option   $3.53   7/29/2016     D         50000    8/1/2016   1/28/2022   Common Stock   50000   $0   0   D    
Stock Option   $10.3   7/29/2016     D         6262    8/1/2016   8/25/2025   Common Stock   6262   $0   0   D    

Explanation of Responses:
( 1)  Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 7, 2015, by and between Wilshire Bancorp, Inc.(the "Issuer"), and BBCN Bancorp, Inc.("BBCN"). Pursuant to the terms of the Merger Agreement, as of July 29, 2016, (a) each outstanding share of common stock of the Issuer was converted into the right to receive 0.7034 shares of common stock of BBCN, (b) outstanding stock options of the Issuer were assumed by BBCN, and (c) restricted share awards were converted into the number of restricted shares of BBCN common stock equal to the number of the Issuer's restricted share comprising the award multiplied by 0.7034. Also as of July 29, 2016, BBCN changed its name to Hope Bancorp, Inc.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Jeon Lawrence Seokho
3200 WILSHIRE BOULEVARD, 14TH FLOOR
LOS ANGELES, CA 90010
X



Signatures
Lawrence Jeon 8/2/2016
** 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 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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