This Amendment No. 3 to Schedule 13D (this “Amendment No. 3”) amends and supplements or amends and restates, as indicated, the Statement on Schedule 13D filed on September 14, 2009, as amended by Amendment No. 1 to Schedule 13D filed on June 8, 2010, as amended by Amendment No. 2 to Schedule 13D filed on June 11, 2010, by the Reporting Persons (the “Schedule 13D”), with respect to the shares of common stock, par value $0.001 per share (the “Common Stock”), of Hanmi Financial Corporation, a Delaware corporation (the “Issuer”). This Amendment No. 3 is being filed to amend and restate Item 5 of the Schedule 13D. Except as herein amended all other information in the Schedule 13D is as set forth therein. Capitalized terms used herein but not defined shall have the meanings ascribed thereto in the Schedule 13D.
Item 5. Interest in Securities of the Issuer
The information set forth in Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:
(a), (b) There were 51,182,390 shares of Common Stock issued and outstanding as of the close of business on May 17, 2010. As of the date hereof, Leading Investment has beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) and shared power to vote and shared dispositive power over 3,014,776 shares of Common Stock, which represents approximately 5.89% of the shares of Common Stock deemed to be issued and outstanding as of May 17, 2010, taking into account the total amount of outstanding shares of Common Stock beneficially owned by Leading Investment, divided by 51,182,390. Beneficial and percentage ownership by each of the Reporting Persons of Common Stock, and voting power held by each Reporting Person, reported in this Item 5 is based on the foregoing and is limited to the number of shares of Common Stock such Reporting Person may acquire within 60 days.
Each of Park, IWL Partners, Value F2 and Leading Value Fund beneficially owns 3,014,776 shares of Common Stock by virtue of its or his relationship with Leading Investment. Park is the Chief Executive Officer and sole owner of IWL Partners. IWL Partners is the general partner of Leading Value Fund, which is the sole owner of Value F2, which in turn owns approximately 32.7% of Leading Investment. Park also directly owns approximately 3.3% of Leading and IWL Partners directly owns approximately 10.7% of Leading Investment. Park is also a director of each of Leading Value Fund, Value F2 and is the Vice Chairman of Leading Investment. The Reporting Persons share voting power and dispositive power with respect to the 3,014,776 shares of Common Stock held by Leading Investment.
(c) Leading Investment has sold 556,242 shares of Common Stock of the Issuer in open market transactions since June 10, 2010. The average sales price was $1.6236 before mark ups or mark downs. The sales were made pursuant to the Sales Plan.
(d) Not applicable.
(e) Not applicable.
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