HENG W. CHEN - 01 Apr 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP/CFO
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2024
Net transactions value
-$360,574
Form type
4
Filing time
03 Apr 2024, 19:56:18 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 +5,823 +3.5% $0.000000 171,726 01 Apr 2024 Direct F1
transaction CATY Common Stock Tax liability $76,699 -2,078 -1.2% $36.91 169,648 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +6,187 +3.6% $0.000000 175,835 01 Apr 2024 Direct F2
transaction CATY Common Stock Tax liability $81,497 -2,208 -1.3% $36.91 173,627 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +12,344 +7.1% $0.000000 185,971 01 Apr 2024 Direct F3
transaction CATY Common Stock Tax liability $202,378 -5,483 -2.9% $36.91 180,488 01 Apr 2024 Direct
holding CATY Common Stock 100 01 Apr 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 -3,537 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -3,758 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -7,517 -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 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.