Dunson K. Cheng - Apr 3, 2023 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: Apr 3, 2023
Transactions value $: -$1,264,812
Form type: 4
Date filed: 4/5/2023, 05:18 PM
Previous filing: Dec 2, 2022
Next filing: Jul 31, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CATY	Common Stock	Options Exercise	$0	+18.3K	+21.06%	$0.00	105K	Apr 3, 2023	Direct	F1
transaction	CATY	Common Stock	Tax liability	-$294K	-8.61K	-8.17%	$34.21	96.7K	Apr 3, 2023	Direct
transaction	CATY	Common Stock	Options Exercise	$0	+19.1K	+19.72%	$0.00	116K	Apr 3, 2023	Direct	F2
transaction	CATY	Common Stock	Tax liability	-$323K	-9.46K	-8.17%	$34.21	106K	Apr 3, 2023	Direct
transaction	CATY	Common Stock	Options Exercise	$0	+38.1K	+35.88%	$0.00	144K	Apr 3, 2023	Direct	F3
transaction	CATY	Common Stock	Tax liability	-$647K	-18.9K	-13.09%	$34.21	126K	Apr 3, 2023	Direct
holding	CATY	Common Stock						385K	Apr 3, 2023	Husband & Wife Trust
holding	CATY	Common Stock						182K	Apr 3, 2023	Nonmarital Share Trust
holding	CATY	Common Stock						103K	Apr 3, 2023	By ESOP

Showing 1 to 9 of 9 entries

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	-11.3K	-100%	$0.00^*	0	Apr 3, 2023	Common Stock	0		Direct	F1, F4, F5
transaction	CATY	Restricted Stock Units	Options Exercise	$0	-11.7K	-100%	$0.00^*	0	Apr 3, 2023	Common Stock	0		Direct	F2, F4, F5
transaction	CATY	Restricted Stock Units	Options Exercise	$0	-23.4K	-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 11,326 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 11,722 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 23,444 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.