SEC Form 4 · accession 0001069157-17-000018

EAST WEST BANCORP INC · EWBC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President

Period of report

Mar 7, 2017

Accepted (ET)

Mar 9, 2017 · 6:10 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001069157

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 7, 2017	M	10,854	—	A	41,856	D
Common Stock	Mar 7, 2017	F	3,841	$54.87	D	38,015	D
Common Stock^F2	Mar 7, 2017	S	10,000	$54.0619	D	28,015	D
Common Stock	Mar 8, 2017	S	5,000	$55.0375	D	23,015	D
Common Stock	holding	—	—		—	28,746	I	401 (k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-Based Restricted Stock Units^F1	—	Mar 7, 2017	M	10,854	D	—	Mar 7, 2017	Common Stock	10,854	11,264	D

F1Performance-Based Restricted Stock Units granted on March 7, 2014 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 7, 2017, 200% of the units granted on March 7, 2014 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.
F2A total of 10,000 shares were sold at a weighted average price of $54.0619. The shares were purchased in multiple transactions at prices ranging from $54.0000 to $54.1850, inclusive. The reporting person undertakes to provide to East West Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in the preceding sentence.