Gary Teo - Mar 4, 2024 Form 4 Insider Report for EAST WEST BANCORP INC (EWBC)

Role: Executive Vice President
Signature: /s/ Louisa Wang, as Attorney-in-fact
Stock symbol: EWBC
Transactions as of: Mar 4, 2024
Transactions value $: -$191,397
Form type: 4
Date filed: 3/6/2024, 09:02 PM
Previous filing: Feb 13, 2024
Next filing: Jul 29, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EWBC	Common Stock	Award	$0	+7.34K	+50.26%	$0.00	21.9K	Mar 4, 2024	Direct	F1
transaction	EWBC	Common Stock	Tax liability	-$191K	-2.61K	-11.91%	$73.22	19.3K	Mar 4, 2024	Direct	F2
holding	EWBC	Common Stock						313	Mar 4, 2024	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 4, 2021 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 4, 2024, 178.2% of the units granted on March 4, 2021 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. The number of shares withheld was based on the closing price of the issuer's common stock on March 4, 2024.

Content

Performance-Based Restricted Stock Units granted on March 4, 2021 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 4, 2024, 178.2% of the units granted on March 4, 2021 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.

Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. The number of shares withheld was based on the closing price of the issuer's common stock on March 4, 2024.