Heng W. Chen - Apr 3, 2023 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
Apr 3, 2023
Transactions value $
-$470,182
Form type
4
Date filed
4/5/2023, 05:20 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 +7.79K +5.28% $0.00 155K Apr 3, 2023 Direct F1
transaction CATY Common Stock Tax liability -$92.2K -2.7K -1.74% $34.21 153K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +8.11K +5.32% $0.00 161K Apr 3, 2023 Direct F2
transaction CATY Common Stock Tax liability -$103K -3K -1.87% $34.21 158K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +16.2K +10.29% $0.00 174K Apr 3, 2023 Direct F3
transaction CATY Common Stock Tax liability -$275K -8.05K -4.62% $34.21 166K Apr 3, 2023 Direct
holding CATY Common Stock 100 Apr 3, 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 -4.82K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4.99K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -9.97K -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 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.