Chang Liu - Apr 1, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
President & CEO, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2022
Transactions value $
-$260,754
Form type
4
Date filed
4/1/2022, 09:28 PM
Previous filing
Mar 3, 2022
Next filing
May 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CATY Common Stock Options Exercise $0 +3.6K +41.27% $0.00 12.3K Apr 1, 2022 Direct F1
transaction CATY Common Stock Tax liability -$64K -1.44K -11.67% $44.52 10.9K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4.38K +40.26% $0.00 15.3K Apr 1, 2022 Direct F2
transaction CATY Common Stock Tax liability -$96.8K -2.17K -14.24% $44.52 13.1K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4.53K +34.57% $0.00 17.6K Apr 1, 2022 Direct F3
transaction CATY Common Stock Tax liability -$99.9K -2.25K -12.74% $44.52 15.4K Apr 1, 2022 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 Options Exercise $0 -2.52K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2.64K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -5.28K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Of the previously reported target award of 2,523 shares of performance-based restricted stock units, 129% of the target award was earned based upon the achievement of certain performance criteria.
F2 Of the previously reported target award of 2,641 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
F3 Of the previously reported target award of 5,283 shares of performance-based restricted stock units, 77.443% of the target award was earned based upon the achievement of certain performance criteria.
F4 Shares of the Issuer's Common Stock received by the Reporting Person from the vesting of performance-based restricted stock units granted on July 18, 2019. Such restricted stock units were previously reported in Table II on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on July 22, 2019.
F5 Performance-based restricted stock units vested on January 31, 2022.