Kim R. Bingham - Jun 28, 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
Jun 28, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 07:16 PM
Previous filing
Apr 3, 2024
Next filing
Jul 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CATY Common Stock 0 Jun 28, 2024 Direct F1
holding CATY Common Stock 51.5K Jun 28, 2024 by Bingham Trust F1

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 +2.48K 2.48K Jun 28, 2024 Common Stock 2.48K Direct F2, F3
transaction CATY Restricted Stock Units Award +2.5K 2.5K Jun 28, 2024 Common Stock 2.5K Direct F2, F3
transaction CATY Restricted Stock Units Award +5K 5K Jun 28, 2024 Common Stock 5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 17, 2024, 9,681 shares of common stock of Cathay General Bancorp were transferred from direct ownership to the Kim R. Bingham and Angelina Bingham Trust as indirect ownership, without the payment of any consideration.
F2 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.
F3 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.