HENG W. CHEN - 28 Jun 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: 28 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 02 Jul 2024, 19:14:00 UTC
Previous filing: 03 Apr 2024
Next filing: 03 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CATY	Common Stock						180,488	28 Jun 2024	Direct
holding	CATY	Common Stock						100	28 Jun 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	Award		+4,011			4,011	28 Jun 2024	Common Stock	4,011		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+4,042			4,042	28 Jun 2024	Common Stock	4,042		Direct	F1, F2
transaction	CATY	Restricted Stock Units	Award		+8,085			8,085	28 Jun 2024	Common Stock	8,085		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.