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EAST WEST BANCORP INC — Director's Dealing 2014
Mar 12, 2014
30416_dirs_2014-03-11_add2fd71-b240-43e5-9337-3f8a8eb5cbc3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: EAST WEST BANCORP INC (EWBC)
CIK: 0001069157
Period of Report: 2014-03-07
Reporting Person: GOUW JULIA S (Director, President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-07 | Common Stock | M | 3246 | — | Acquired | 255302 | Direct |
| 2014-03-07 | Common Stock | F | 1127 | $36.85 | Disposed | 254175 | Direct |
| 2014-03-07 | Common Stock | M | 11900 | — | Acquired | 266075 | Direct |
| 2014-03-07 | Common Stock | F | 4204 | $36.85 | Disposed | 261871 | Direct |
| 2014-03-07 | Common Stock | S | 20000 | $36.8376 | Disposed | 241871 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-07 | Ratable-Vesting Restricted Stock Units | $ | M | 3246 | Disposed | Common Stock (3246) | Direct | |
| 2014-03-07 | Cliff-Vesting Restricted Stock Units | $ | M | 11900 | Disposed | Common Stock (11900) | Direct | |
| 2014-03-07 | Performance-Based Restricted Stock Units | $ | A | 27137 | Acquired | Common Stock (27137) | Direct |
Footnotes
F1: A total of 20,000 shares were sold at a weighted average price of $36.8376
F2: Restricted Stock Units vest in three annual installments beginning March 7, 2012. On the settlement date, for each vested RSU, the reporting person received one share of Common Stock. Vesting was also subject to meeting pre-established earning goals.
F3: Performance Based Restricted Stock Units vest in 3 years. Number of vested units was based on meeting performance criteria. 11,900 units were for the performance maximum if pre-established performance goals are met. On the settlement date, for each vested RSU, the reporting person received one share of Common Stock.
F4: Performance Based Restricted Stock Units vest in 3 years. Number of units that will vest depends on meeting performance criteria. 27,137 units are for the performance maximum if pre-established performance goals are met. On the settlement date, for each vested RSU, the reporting person will receive one share of Common Stock.