Dunson K. Cheng - Mar 1, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
Executive Chairman, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Mar 1, 2022
Transactions value $
-$123,285
Form type
4
Date filed
3/3/2022, 05:50 PM
Previous filing
Dec 28, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CATY Common Stock Options Exercise $0 +3.55K +3.95% $0.00 93.5K Mar 1, 2022 Direct F1
transaction CATY Common Stock Tax liability -$55.4K -1.22K -1.31% $45.36 92.3K Mar 1, 2022 Direct F2
transaction CATY Common Stock Options Exercise $0 +4.21K +4.57% $0.00 96.5K Mar 3, 2022 Direct F3
transaction CATY Common Stock Tax liability -$67.9K -1.46K -1.51% $46.54 95K Mar 3, 2022 Direct F2
holding CATY Common Stock 182K Mar 1, 2022 Nonmarital Share Trust
holding CATY Common Stock 103K Mar 1, 2022 By ESOP
holding CATY Common Stock 396K Mar 1, 2022 Husband & Wife Trust

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 Options Exercise $0 -3.55K -100% $0.00* 0 Mar 1, 2022 Common Stock 3.55K Direct F1, F4
transaction CATY Restricted Stock Units Options Exercise $0 -4.21K -100% $0.00* 0 Mar 3, 2022 Common Stock 4.21K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 1, 2019, the Issuer awarded 10,664 restricted stock units to Reporting Person. The restricted stock units vest in three annual installments. The first installment of 3,555 restricted stock units vested on March 2, 2020, the second installment of 3,555 restricted stock units vested on March 1, 2021, and the last installment of 3,554 restricted stock units vested on March 1, 2022.
F2 Shares withheld by Registrant to satisfy tax withholding requirement on vesting of restricted stock units.
F3 The Reporting Person previously reported the award of 4,214 restricted stock units, on Form 4 filed March 5, 2021. Such restricted stock units were vested in full and distributed on March 3, 2022.
F4 Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer.