SEC Form 4 · accession 0001069157-19-000026
EAST WEST BANCORP INC · EWBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andy Yen
Officer — Executive Vice President
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 5:32 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 StockF1 | Mar 1, 2019 | M | 14,687 | — | A | 59,255 | D | |
| Common Stock | Mar 1, 2019 | F | 4,706 | $54.76 | D | 54,549 | D | |
| Common Stock | holding | — | — | — | 507 | 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 1, 2019 | M | 14,687 | D | — | Mar 1, 2019 | Common Stock | 14,687 | 0 | D |
Explanation of responses
- F1Performance-Based Restricted Stock Units granted on March 1, 2016 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 1, 2019, 167% of the units granted on March 1, 2016 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.