Mark Hakjoon Lee - 03 Mar 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role: EVP, Chief Credit Officer
Signature: /s/ Georgia Lo, attorney-in-fact
Issuer symbol: CATY
Transactions as of: 03 Mar 2022
Net transactions value: -$30,577
Form type: 4
Filing time: 03 Mar 2022, 18:02:59 UTC
Previous filing: 26 Jul 2021
Next filing: 01 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CATY	Common Stock	Options Exercise	$0	+1,601	+49%	$0.000000	4,858	03 Mar 2022	Direct	F1
transaction	CATY	Common Stock	Tax liability	$30,577	-657	-14%	$46.54	4,201	03 Mar 2022	Direct	F2

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	-1,601	-100%	$0.000000^*	0	03 Mar 2022	Common Stock	1,601		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	The Reporting Person previously reported the award of 1,601 restricted stock units, on Form 4 filed March 5, 2021. Such restricted stock units were vested in full and distributed on March 3, 2022.
F2	Shares withheld by Registrant to satisfy tax withholding requirement on vesting of restricted stock units.
F3	Each restricted stock unit represents a contingent right to receive one share of Common Stock upon vesting.