Kim R. Bingham - Apr 1, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2022
Transactions value $
-$172,381
Form type
4
Date filed
4/1/2022, 09:35 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 +3.22K +9.6% $0.00 36.8K Apr 1, 2022 Direct F1
transaction CATY Common Stock Tax liability -$49.6K -1.12K -3.03% $44.52 35.7K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +3.92K +10.99% $0.00 39.6K Apr 1, 2022 Direct F2
transaction CATY Common Stock Tax liability -$60.4K -1.36K -3.43% $44.52 38.2K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +4.05K +10.59% $0.00 42.3K Apr 1, 2022 Direct F3
transaction CATY Common Stock Tax liability -$62.4K -1.4K -3.31% $44.52 40.9K 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 -2.26K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2.36K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4.73K -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 2,258 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.