DUNSON K. CHENG - 01 Apr 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
Executive Chairman, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2024
Net transactions value
-$1,254,719
Form type
4
Filing time
03 Apr 2024, 19:52:44 UTC
Previous filing
31 Jul 2023
Next filing
02 Jul 2024
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 +16,837 +13% $0.000000 142,381 01 Apr 2024 Direct F1
transaction CATY Common Stock Tax liability $252,391 -6,838 -4.8% $36.91 135,543 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +17,891 +13% $0.000000 153,434 01 Apr 2024 Direct F2
transaction CATY Common Stock Tax liability $334,700 -9,068 -5.9% $36.91 144,366 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +35,689 +25% $0.000000 180,055 01 Apr 2024 Direct F3
transaction CATY Common Stock Tax liability $667,628 -18,088 -10% $36.91 161,967 01 Apr 2024 Direct
holding CATY Common Stock 384,577 01 Apr 2024 Husband & Wife Trust
holding CATY Common Stock 182,452 01 Apr 2024 Nonmarital Share Trust
holding CATY Common Stock 102,891 01 Apr 2024 By ESOP

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 -10,226 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -10,866 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -21,733 -100% $0.000000* 0 01 Apr 2024 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 10,226 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
F2 Of the previously reported target award of 10,866 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 21,733 shares of performance-based restricted stock units, 149.602% 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 July 22, 2021. 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 July 26, 2021.
F5 Performance-based restricted stock units vested on December 31, 2023.