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CATHAY GENERAL BANCORP — Director's Dealing 2023
Apr 5, 2023
31304_dirs_2023-04-05_e93b741c-03df-47c0-9bd9-c39736d17ab5.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: 2023-04-03
Reporting Person: Lee Mark Hakjoon (EVP, Chief Credit Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-04-03 | Common Stock | M | 3164 | — | Acquired | 11671 | Direct |
| 2023-04-03 | Common Stock | F | 1095 | $34.21 | Disposed | 10576 | Direct |
| 2023-04-03 | Common Stock | M | 3292 | — | Acquired | 13868 | Direct |
| 2023-04-03 | Common Stock | F | 1139 | $34.21 | Disposed | 12729 | Direct |
| 2023-04-03 | Common Stock | M | 6587 | — | Acquired | 19316 | Direct |
| 2023-04-03 | Common Stock | F | 2278 | $34.21 | Disposed | 17038 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-04-03 | Restricted Stock Units | $ | M | 1956 | Disposed | Common Stock (0) | Direct | |
| 2023-04-03 | Restricted Stock Units | $ | M | 2024 | Disposed | Common Stock (0) | Direct | |
| 2023-04-03 | Restricted Stock Units | $ | M | 4049 | Disposed | Common Stock (0) | Direct |
Footnotes
F1: Of the previously reported target award of 1,956 shares of performance-based restricted stock units, 148% of the target award was earned based upon the achievement of certain performance criteria.
F2: Of the previously reported target award of 2,024 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
F3: Of the previously reported target award of 4,049 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
F4: Shares of the Issuer's Common Stock received by the Reporting Person from the vesting of performance-based restricted stock units granted on September 16, 2020. Such restricted stock units were previously reported in Table II on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on September 18, 2020.
F5: Performance-based restricted stock units vested on January 31, 2023.