Heng W. Chen - Apr 1, 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2024
Transactions value $
-$360,574
Form type
4
Date filed
4/3/2024, 07:56 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 +5.82K +3.51% $0.00 172K Apr 1, 2024 Direct F1
transaction CATY Common Stock Tax liability -$76.7K -2.08K -1.21% $36.91 170K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +6.19K +3.65% $0.00 176K Apr 1, 2024 Direct F2
transaction CATY Common Stock Tax liability -$81.5K -2.21K -1.26% $36.91 174K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +12.3K +7.11% $0.00 186K Apr 1, 2024 Direct F3
transaction CATY Common Stock Tax liability -$202K -5.48K -2.95% $36.91 180K Apr 1, 2024 Direct
holding CATY Common Stock 100 Apr 1, 2024 Chen Trust

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 -3.54K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3.76K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -7.52K -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 3,537 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 3,758 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 7,517 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.