Kim R. Bingham - 03 Apr 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
03 Apr 2023
Net transactions value
-$235,228
Form type
4
Filing time
05 Apr 2023, 17:24:52 UTC
Previous filing
02 Aug 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 +4,812 +14% $0.000000 39,696 03 Apr 2023 Direct F1
transaction CATY Common Stock Tax liability $56,925 -1,664 -4.2% $34.21 38,032 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +5,009 +13% $0.000000 43,041 03 Apr 2023 Direct F2
transaction CATY Common Stock Tax liability $59,286 -1,733 -4% $34.21 41,308 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +10,020 +24% $0.000000 51,328 03 Apr 2023 Direct F3
transaction CATY Common Stock Tax liability $119,017 -3,479 -6.8% $34.21 47,849 03 Apr 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 -2,975 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3,079 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -6,159 -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 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.