Mark Hakjoon Lee - Apr 3, 2023 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Credit Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 3, 2023
Transactions value $
-$154,356
Form type
4
Date filed
4/5/2023, 05:26 PM
Previous filing
May 31, 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 +3.16K +37.19% $0.00 11.7K Apr 3, 2023 Direct F1
transaction CATY Common Stock Tax liability -$37.5K -1.1K -9.38% $34.21 10.6K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +3.29K +31.13% $0.00 13.9K Apr 3, 2023 Direct F2
transaction CATY Common Stock Tax liability -$39K -1.14K -8.21% $34.21 12.7K Apr 3, 2023 Direct
transaction CATY Common Stock Options Exercise $0 +6.59K +51.75% $0.00 19.3K Apr 3, 2023 Direct F3
transaction CATY Common Stock Tax liability -$77.9K -2.28K -11.79% $34.21 17K 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 -1.96K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2.02K -100% $0.00* 0 Apr 3, 2023 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4.05K -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 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.