Kim R. Bingham - 01 Apr 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2022
Net transactions value
-$172,381
Form type
4
Filing time
01 Apr 2022, 21:35:47 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 +3,223 +9.6% $0.000000 36,785 01 Apr 2022 Direct F1
transaction CATY Common Stock Tax liability $49,640 -1,115 -3% $44.52 35,670 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +3,921 +11% $0.000000 39,591 01 Apr 2022 Direct F2
transaction CATY Common Stock Tax liability $60,369 -1,356 -3.4% $44.52 38,235 01 Apr 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4,050 +11% $0.000000 42,285 01 Apr 2022 Direct F3
transaction CATY Common Stock Tax liability $62,373 -1,401 -3.3% $44.52 40,884 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 -2,258 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2,363 -100% $0.000000* 0 01 Apr 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4,727 -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 2,258 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 2,363 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 4,727 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.