Dunson K. Cheng - 03 Apr 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
Executive Chairman, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
03 Apr 2023
Net transactions value
-$1,264,812
Form type
4
Filing time
05 Apr 2023, 17:18:58 UTC
Previous filing
02 Dec 2022
Next filing
31 Jul 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 +18,321 +21% $0.000000 105,305 03 Apr 2023 Direct F1
transaction CATY Common Stock Tax liability $294,411 -8,606 -8.2% $34.21 96,699 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +19,070 +20% $0.000000 115,769 03 Apr 2023 Direct F2
transaction CATY Common Stock Tax liability $323,456 -9,455 -8.2% $34.21 106,314 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +38,141 +36% $0.000000 144,455 03 Apr 2023 Direct F3
transaction CATY Common Stock Tax liability $646,945 -18,911 -13% $34.21 125,544 03 Apr 2023 Direct
holding CATY Common Stock 384,577 03 Apr 2023 Husband & Wife Trust
holding CATY Common Stock 182,452 03 Apr 2023 Nonmarital Share Trust
holding CATY Common Stock 102,893 03 Apr 2023 By ESOP

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 -11,326 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -11,722 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -23,444 -100% $0.000000* 0 03 Apr 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.