Kim R. Bingham - Apr 1, 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Stock symbol
CATY
Transactions as of
Apr 1, 2024
Transactions value $
-$198,317
Form type
4
Date filed
4/3/2024, 07:57 PM
Previous filing
Nov 7, 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 +3.6K $0.00 3.6K Apr 1, 2024 Direct F1
transaction CATY Common Stock Tax liability -$47.4K -1.29K -35.7% $36.91 2.31K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +3.82K +165.25% $0.00 6.14K Apr 1, 2024 Direct F2
transaction CATY Common Stock Tax liability -$50.4K -1.37K -22.24% $36.91 4.77K Apr 1, 2024 Direct
transaction CATY Common Stock Options Exercise $0 +7.63K +159.88% $0.00 12.4K Apr 1, 2024 Direct F3
transaction CATY Common Stock Tax liability -$101K -2.72K -21.95% $36.91 9.68K Apr 1, 2024 Direct
holding CATY Common Stock 41.8K Apr 1, 2024 by Bingham 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 -2.19K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2.32K -100% $0.00* 0 Apr 1, 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4.65K -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 2,186 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 2,323 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 4,647 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.