Irene H. Oh - Mar 3, 2024 Form 4 Insider Report for EAST WEST BANCORP INC (EWBC)

Role: Chief Risk Officer
Signature: /s/ Louisa Wang, as Attorney-in-fact
Stock symbol: EWBC
Transactions as of: Mar 3, 2024
Transactions value $: -$519,276
Form type: 4
Date filed: 3/6/2024, 09:03 PM
Previous filing: Feb 13, 2024
Next filing: May 9, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EWBC	Common Stock	Award	$0	+18.3K	+14.56%	$0.00	144K	Mar 4, 2024	Direct	F1
transaction	EWBC	Common Stock	Tax liability	-$519K	-7.09K	-4.92%	$73.22	137K	Mar 3, 2024	Direct	F2
holding	EWBC	Common Stock						2.37K	Mar 3, 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.