Kim R. Bingham - 01 Apr 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role
EVP, Chief Risk Officer
Signature
/s/ Georgia Lo, attorney-in-fact
Issuer symbol
CATY
Transactions as of
01 Apr 2024
Net transactions value
-$198,317
Form type
4
Filing time
03 Apr 2024, 19:57:54 UTC
Previous filing
07 Nov 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 +3,599 $0.000000 3,599 01 Apr 2024 Direct F1
transaction CATY Common Stock Tax liability $47,429 -1,285 -36% $36.91 2,314 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +3,824 +165% $0.000000 6,138 01 Apr 2024 Direct F2
transaction CATY Common Stock Tax liability $50,382 -1,365 -22% $36.91 4,773 01 Apr 2024 Direct
transaction CATY Common Stock Options Exercise $0 +7,631 +160% $0.000000 12,404 01 Apr 2024 Direct F3
transaction CATY Common Stock Tax liability $100,506 -2,723 -22% $36.91 9,681 01 Apr 2024 Direct
holding CATY Common Stock 41,849 01 Apr 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 -2,186 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F1, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -2,323 -100% $0.000000* 0 01 Apr 2024 Common Stock 0 Direct F2, F4, F5
transaction CATY Restricted Stock Units Options Exercise $0 -4,647 -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 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.