Chang Liu - 01 Apr 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
President & CEO, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2022
Net transactions value
-$260,754
Form type
4
Filing time
01 Apr 2022, 21:28:02 UTC
Previous filing
03 Mar 2022
Next filing
31 May 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 +3,601 +41% $0.000000 12,326 01 Apr 2022 Direct F1
transaction CATY Common Stock Tax liability $64,020 -1,438 -12% $44.52 10,888 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4,383 +40% $0.000000 15,271 01 Apr 2022 Direct F2
transaction CATY Common Stock Tax liability $96,786 -2,174 -14% $44.52 13,097 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4,527 +35% $0.000000 17,624 01 Apr 2022 Direct F3
transaction CATY Common Stock Tax liability $99,947 -2,245 -13% $44.52 15,379 01 Apr 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 -2,523 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2,641 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -5,283 -100% $0.000000* 0 01 Apr 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.