Gary Teo - Mar 4, 2024 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, 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.