Chang Liu - May 26, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role: President & CEO, Director
Signature: /s/ Georgia Lo, attorney-in-fact
Stock symbol: CATY
Transactions as of: May 26, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/31/2022, 06:54 PM
Previous filing: Apr 1, 2022
Next filing: Feb 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CATY	Common Stock						15.4K	May 26, 2022	Direct	F1

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	Award		+10.3K			10.3K	May 26, 2022	Common Stock	10.3K		Direct	F2, F3
transaction	CATY	Restricted Stock Units	Award		+10.6K			10.6K	May 26, 2022	Common Stock	10.6K		Direct	F2, F3
transaction	CATY	Restricted Stock Units	Award		+21.1K			21.1K	May 26, 2022	Common Stock	21.1K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 4.012 shares acquired through dividend reinvestment year-to-date
F2	Each restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.
F3	These restricted stock units are scheduled to vest in a single installment on December 31, 2024, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2023 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.