Gary Teo - Mar 4, 2023 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 4, 2023
Transactions value $
-$187,297
Form type
4
Date filed
3/7/2023, 06:08 PM
Previous filing
Jan 24, 2023
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EWBC Common Stock Award +7.02K +106.18% 13.6K Mar 4, 2023 Direct F1
transaction EWBC Common Stock Tax liability -$187K -2.49K -18.27% $75.25 11.1K Mar 4, 2023 Direct F2
holding EWBC Common Stock 224 Mar 4, 2023 401 (k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSU") granted on March 4, 2020 fully vest after three years on March 4, 2023. Each RSU represents the right to receive, at settlement, one share of common stock.
F2 Shares withheld for payment of tax liability in connection with the vesting of Restricted Stock Units. Since March 4, 2023 was a Saturday, the number of shares withheld was determined on March 3, 2023 based on the closing price of the issuer's common stock on March 3, 2023.