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CATHAY GENERAL BANCORP — Director's Dealing 2021
Mar 3, 2021
31304_dirs_2021-03-03_c5e2f684-14e1-4824-a668-12d5f1dc0a08.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: 2021-03-01
Reporting Person: CHENG DUNSON K (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-01 | Common Stock | M | 2012 | — | Acquired | 76595 | Direct |
| 2021-03-01 | Common Stock | F | 705 | $39.49 | Disposed | 75890 | Direct |
| 2021-03-01 | Common Stock | M | 3555 | — | Acquired | 79445 | Direct |
| 2021-03-01 | Common Stock | F | 1230 | $39.49 | Disposed | 78215 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-01 | Restricted Stock Units | $ | M | 2012 | Disposed | Common Stock (2012) | Direct | |
| 2021-03-01 | Restricted Stock Units | $ | M | 3555 | Disposed | Common Stock (3555) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 405577 | Indirect |
| Common Stock | 182452 | Indirect |
| Common Stock | 102896 | Indirect |
Footnotes
F1: Shares withheld by Registrant to satisfy tax withholding requirement on vesting of restricted stock units.
F2: Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer.
F3: On March 1, 2018, the Issuer awarded 6,038 restricted stock units to Reporting Person. The restricted stock units vest in three annual installments. The first installment of 2,013 restricted stock units vested on March 1, 2019, the second installment of 2,013 restricted stock units vested on March 2, 2020, and the last installment of 2,012 restricted stock units vested on March 1, 2021.
F4: On March 1, 2019, the Issuer awarded 10,664 restricted stock units to Reporting Person. The restricted stock units vest in three annual installments. The first installment of 3,555 restricted stock units vested on March 2, 2020, the second installment of 3,555 restricted stock units vested on March 1, 2021, and the last installment of 3,554 restricted stock units will vest on March 1, 2022, or earlier in the event of death, disability, retirement, or change in control.