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CATHAY GENERAL BANCORP — Director's Dealing 2020
Sep 18, 2020
31304_dirs_2020-09-18_4cf2d0a9-4287-41db-bab4-3c934bceedfa.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CATHAY GENERAL BANCORP (CATY)
CIK: 0000861842
Period of Report: 2020-09-16
Reporting Person: CHEN HENG W (EVP/CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-16 | Restricted Stock Units | $ | A | 4818 | Acquired | Common Stock (4818) | Direct | |
| 2020-09-16 | Restricted Stock Units | $ | A | 4987 | Acquired | Common Stock (4987) | Direct | |
| 2020-09-16 | Restricted Stock Units | $ | A | 9974 | Acquired | Common Stock (9974) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 126115 | 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 January 31, 2023, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2021 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.