Gary Teo - Mar 6, 2022 Form 4 Insider Report for EAST WEST BANCORP INC (EWBC)

Signature
/s/ Louisa Wang, as Attorney-in-fact
Stock symbol
EWBC
Transactions as of
Mar 6, 2022
Transactions value $
-$153,555
Form type
4
Date filed
3/8/2022, 11:34 AM
Previous filing
Feb 7, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EWBC Common Stock Award +5.63K +192.81% 8.55K Mar 6, 2022 Direct F1
transaction EWBC Common Stock Tax liability -$154K -1.99K -23.23% $77.28 6.57K Mar 6, 2022 Direct F2
holding EWBC Common Stock 170 Mar 6, 2022 401 (k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-Based Restricted Stock Units granted on March 6, 2019 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 6, 2022, 182.10% of the units granted on March 6, 2019 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.
F2 Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. Since March 6, 2022 was a Sunday, the number of shares withheld were determined on March 4, 2022 based on the closing price of the issuer's common stock on March 4, 2022.