Kim R. Bingham - Apr 3, 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 3, 2023
Transactions value $
-$235,228
Form type
4
Date filed
4/5/2023, 05:24 PM
Previous filing
Aug 2, 2022
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 +4.81K +13.79% $0.00 39.7K Apr 3, 2023 Direct F1
transaction CATY Common Stock Tax liability -$56.9K -1.66K -4.19% $34.21 38K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +5.01K +13.17% $0.00 43K Apr 3, 2023 Direct F2
transaction CATY Common Stock Tax liability -$59.3K -1.73K -4.03% $34.21 41.3K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +10K +24.26% $0.00 51.3K Apr 3, 2023 Direct F3
transaction CATY Common Stock Tax liability -$119K -3.48K -6.78% $34.21 47.8K 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 -2.98K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3.08K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -6.16K -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 2,975 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 3,079 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 6,159 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.