Mark Hakjoon Lee - Apr 1, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Credit Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2022
Transactions value $
-$101,417
Form type
4
Date filed
4/1/2022, 09:38 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 +1.9K +45.11% $0.00 6.1K Apr 1, 2022 Direct F1
transaction CATY Common Stock Tax liability -$29.2K -656 -10.76% $44.52 5.44K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +2.31K +42.41% $0.00 7.75K Apr 1, 2022 Direct F2
transaction CATY Common Stock Tax liability -$35.5K -798 -10.3% $44.52 6.95K Apr 1, 2022 Direct
transaction CATY Common Stock Options Exercise $0 +2.38K +34.28% $0.00 9.33K Apr 1, 2022 Direct F3
transaction CATY Common Stock Tax liability -$36.7K -824 -8.83% $44.52 8.51K 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 -1.33K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -1.39K -100% $0.00* 0 Apr 1, 2022 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2.78K -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 1,328 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 1,390 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 2,780 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.