AI assistant
CATHAY GENERAL BANCORP — Director's Dealing 2016
Dec 20, 2016
31304_dirs_2016-12-19_30b7a4a3-5fe2-4351-8250-0d0e9a42b1c0.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: Tai Pin (CEO & President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-12-15 | Restricted Stock Units | $ | A | 19946 | Acquired | Common Stock (19946) | Direct | |
| 2016-12-15 | Restricted Stock Units | $ | A | 10384 | Acquired | Common Stock (10384) | Direct | |
| 2016-12-15 | Restricted Stock Units | $ | A | 9973 | Acquired | Common Stock (9973) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1902 | Direct |
| Common Stock | 831.03 | Indirect |
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.