Chang Liu - Apr 3, 2023 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
Apr 3, 2023
Transactions value $
-$1,385,984
Form type
4
Date filed
4/5/2023, 05:17 PM
Previous filing
Feb 1, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CATY Common Stock Options Exercise $0 +19.8K +128.76% $0.00 35.2K Apr 3, 2023 Direct F1
transaction CATY Common Stock Tax liability -$336K -9.83K -27.91% $34.21 25.4K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +20.6K +81.27% $0.00 46K Apr 3, 2023 Direct F2
transaction CATY Common Stock Tax liability -$350K -10.2K -22.23% $34.21 35.8K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +41.3K +115.3% $0.00 77K Apr 3, 2023 Direct F3
transaction CATY Common Stock Tax liability -$700K -20.5K -26.55% $34.21 56.6K Apr 3, 2023 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 -12.3K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -12.7K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -25.4K -100% $0.00* 0 Apr 3, 2023 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 12,252 shares of performance-based restricted stock units, 148% of the target award was earned based upon the achievement of certain performance criteria.
F2 Of the previously reported target award of 12,681 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 25,362 shares of performance-based restricted stock units, 150% 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 September 16, 2020. 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 September 18, 2020.
F5 Performance-based restricted stock units vested on January 31, 2023.