SEC Form 4 · accession 0001069157-18-000024
EAST WEST BANCORP INC · EWBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dominic Ng
Officer — Chief Executive Officer · Director
Period of report
Mar 8, 2018
Accepted (ET)
Mar 12, 2018 · 1:30 pm EDT
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 StockF1 | Mar 8, 2018 | M | 180,784 | — | A | 644,736 | D | |
| Common Stock | Mar 8, 2018 | F | 84,177 | $67.59 | D | 560,559 | D | |
| Common Stock | holding | — | — | — | 6,427 | I | 401 (k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock UnitsF1 | — | Mar 8, 2018 | M | 180,784 | D | — | Mar 8, 2018 | Common Stock | 180,784 | 0 | D |
Explanation of responses
- F1Performance-Based Restricted Stock Units granted on February 27, 2015 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 8, 2018, 180.56% of the units granted on February 27, 2015 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.