Chang Liu - 01 Apr 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
President & CEO, Director
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2024
Net transactions value
-$1,184,737
Form type
4
Filing time
03 Apr 2024, 19:54:32 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 +15,143 +27% $0.000000 71,731 01 Apr 2024 Direct F1
transaction CATY Common Stock Tax liability $283,284 -7,675 -11% $36.91 64,056 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +16,091 +25% $0.000000 80,147 01 Apr 2024 Direct F2
transaction CATY Common Stock Tax liability $301,001 -8,155 -10% $36.91 71,992 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +32,098 +45% $0.000000 104,090 01 Apr 2024 Direct F3
transaction CATY Common Stock Tax liability $600,452 -16,268 -16% $36.91 87,822 01 Apr 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 -9,197 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -9,773 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -19,546 -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 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.