Dunson K. Cheng - May 26, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
Executive Chairman, 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, 06:58 PM
Previous filing
Apr 1, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CATY Common Stock 396K May 26, 2022 Husband & Wife Trust
holding CATY Common Stock 182K May 26, 2022 Nonmarital Share Trust
holding CATY Common Stock 103K May 26, 2022 By ESOP
holding CATY Common Stock 110K May 26, 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 Award +9.68K 9.68K May 26, 2022 Common Stock 9.68K Direct F1, F2
transaction CATY Restricted Stock Units Award +9.94K 9.94K May 26, 2022 Common Stock 9.94K Direct F1, F2
transaction CATY Restricted Stock Units Award +19.9K 19.9K May 26, 2022 Common Stock 19.9K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.