Heng W. Chen - May 26, 2022 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
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, 07:02 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 148K 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 +3.46K 3.46K May 26, 2022 Common Stock 3.46K Direct F1, F2
transaction CATY Restricted Stock Units Award +3.56K 3.56K May 26, 2022 Common Stock 3.56K Direct F1, F2
transaction CATY Restricted Stock Units Award +7.12K 7.12K May 26, 2022 Common Stock 7.12K 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.