Dunson K. Cheng - Jun 28, 2024 Form 4 Insider Report for CATHAY GENERAL BANCORP (CATY)

Role: Executive Chairman, Director
Signature: /s/ Georgia Lo, attorney-in-fact
Stock symbol: CATY
Transactions as of: Jun 28, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/2/2024, 07:10 PM
Previous filing: Apr 3, 2024
Next filing: Aug 28, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CATY	Common Stock						385K	Jun 28, 2024	Husband & Wife Trust
holding	CATY	Common Stock						182K	Jun 28, 2024	Nonmarital Share Trust
holding	CATY	Common Stock						103K	Jun 28, 2024	By ESOP
holding	CATY	Common Stock						162K	Jun 28, 2024	Direct

Showing 1 to 4 of 4 entries

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	Award		+9K			9K	Jun 28, 2024	Common Stock	9K		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+9.07K			9.07K	Jun 28, 2024	Common Stock	9.07K		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+18.1K			18.1K	Jun 28, 2024	Common Stock	18.1K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.
F2	These restricted stock units are scheduled to vest in a single installment on December 31, 2026, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2025 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.