Dunson K. Cheng - 22 Jul 2021 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role: Executive Chairman, Director
Signature: /s/ Georgia Lo, attorney-in-fact
Issuer symbol: CATY
Transactions as of: 22 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 26 Jul 2021, 19:09:48 UTC
Next filing: 28 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CATY	Common Stock						405,577	22 Jul 2021	Husband & Wife Trust
holding	CATY	Common Stock						182,452	22 Jul 2021	Nonmarital Share Trust
holding	CATY	Common Stock						102,896	22 Jul 2021	By ESOP
holding	CATY	Common Stock						89,954	22 Jul 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CATY	Restricted Stock Units	Award		+10,226			10,226	22 Jul 2021	Common Stock	10,226		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+10,866			10,866	22 Jul 2021	Common Stock	10,866		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+21,733			21,733	22 Jul 2021	Common Stock	21,733		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.
F2	These restricted stock units are scheduled to vest in a single installment on December 31, 2023, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2022 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.