AI assistant
CATHAY GENERAL BANCORP — Director's Dealing 2016
Dec 20, 2016
31304_dirs_2016-12-19_48e56db7-7f0a-46d3-ab3c-d736de2a6990.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CATHAY GENERAL BANCORP (CATY)
CIK: 0000861842
Period of Report: 2016-12-15
Reporting Person: Chow Donald Sang (EVP, Chief Credit Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-15 | Restricted Stock Units | $ | A | 4521 | Acquired | Common Stock (4521) | Direct | |
| 2016-12-15 | Restricted Stock Units | $ | A | 2353 | Acquired | Common Stock (2353) | Direct | |
| 2016-12-15 | Restricted Stock Units | $ | A | 2260 | Acquired | Common Stock (2260) | Direct |
Footnotes
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, 2019, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2018 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.