Heng W. Chen - Apr 1, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2022
Transactions value $
-$335,948
Form type
4
Date filed
4/1/2022, 09:31 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 +5.21K +3.81% $0.00 142K Apr 1, 2022 Direct F1
transaction CATY Common Stock Tax liability -$80.3K -1.8K -1.27% $44.52 140K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +6.35K +4.52% $0.00 147K Apr 1, 2022 Direct F2
transaction CATY Common Stock Tax liability -$111K -2.49K -1.7% $44.52 144K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +6.55K +4.54% $0.00 151K Apr 1, 2022 Direct F3
transaction CATY Common Stock Tax liability -$145K -3.25K -2.16% $44.52 148K 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 -3.65K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3.82K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -7.65K -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 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.