Chang Liu - Apr 1, 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
President & CEO, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2024
Transactions value $
-$1,184,737
Form type
4
Date filed
4/3/2024, 07:54 PM
Previous filing
Jul 31, 2023
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CATY Common Stock Options Exercise $0 +15.1K +26.76% $0.00 71.7K Apr 1, 2024 Direct F1
transaction CATY Common Stock Tax liability -$283K -7.68K -10.7% $36.91 64.1K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +16.1K +25.12% $0.00 80.1K Apr 1, 2024 Direct F2
transaction CATY Common Stock Tax liability -$301K -8.16K -10.18% $36.91 72K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +32.1K +44.59% $0.00 104K Apr 1, 2024 Direct F3
transaction CATY Common Stock Tax liability -$600K -16.3K -15.63% $36.91 87.8K Apr 1, 2024 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 -9.2K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -9.77K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -19.5K -100% $0.00* 0 Apr 1, 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 9,197 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 9,773 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 19,546 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.