Mark Hakjoon Lee - 03 Apr 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Credit Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
03 Apr 2023
Net transactions value
-$154,356
Form type
4
Filing time
05 Apr 2023, 17:26:45 UTC
Previous filing
31 May 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 +3,164 +37% $0.000000 11,671 03 Apr 2023 Direct F1
transaction CATY Common Stock Tax liability $37,460 -1,095 -9.4% $34.21 10,576 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +3,292 +31% $0.000000 13,868 03 Apr 2023 Direct F2
transaction CATY Common Stock Tax liability $38,965 -1,139 -8.2% $34.21 12,729 03 Apr 2023 Direct
transaction CATY Common Stock Options Exercise $0 +6,587 +52% $0.000000 19,316 03 Apr 2023 Direct F3
transaction CATY Common Stock Tax liability $77,930 -2,278 -12% $34.21 17,038 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 -1,956 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2,024 -100% $0.000000* 0 03 Apr 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4,049 -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 1,956 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 2,024 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 4,049 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.