HENG W. CHEN - 01 Apr 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2022
Net transactions value
-$335,948
Form type
4
Filing time
01 Apr 2022, 21:31:04 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 +5,214 +3.8% $0.000000 142,164 01 Apr 2022 Direct F1
transaction CATY Common Stock Tax liability $80,314 -1,804 -1.3% $44.52 140,360 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +6,345 +4.5% $0.000000 146,705 01 Apr 2022 Direct F2
transaction CATY Common Stock Tax liability $110,988 -2,493 -1.7% $44.52 144,212 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +6,552 +4.5% $0.000000 150,764 01 Apr 2022 Direct F3
transaction CATY Common Stock Tax liability $144,645 -3,249 -2.2% $44.52 147,515 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 -3,653 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3,823 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -7,647 -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 3,653 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 3,823 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 7,647 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.