Heng W. Chen - 03 Apr 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
03 Apr 2023
Net transactions value
-$470,182
Form type
4
Filing time
05 Apr 2023, 17:20:44 UTC
Previous filing
01 Feb 2023
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 +7,793 +5.3% $0.000000 155,308 03 Apr 2023 Direct F1
transaction CATY Common Stock Tax liability $92,196 -2,695 -1.7% $34.21 152,613 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +8,113 +5.3% $0.000000 160,726 03 Apr 2023 Direct F2
transaction CATY Common Stock Tax liability $102,767 -3,004 -1.9% $34.21 157,722 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +16,226 +10% $0.000000 173,948 03 Apr 2023 Direct F3
transaction CATY Common Stock Tax liability $275,219 -8,045 -4.6% $34.21 165,903 03 Apr 2023 Direct
holding CATY Common Stock 100 03 Apr 2023 Chen Trust

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 -4,818 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4,987 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -9,974 -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 4,818 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 4,987 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 9,974 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.