SEC Form 4 · accession 0001437749-15-010690
CATHAY GENERAL BANCORP · CATY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pin Tai
Officer — President, Cathay Bank
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 2:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000861842
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | May 18, 2015 | M | 1,454 | $0.00 | A | 2,354 | D | |
| Common Stock | May 18, 2015 | F | 547 | $30.22 | D | 1,807 | D | |
| Common Stock | holding | — | — | — | 801 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F4 | $0.00 | May 18, 2015 | M | 1,454 | D | — | — | Common Stock | 1,454 | 0 | D |
Explanation of responses
- F1Represents the conversion into Common Stock upon vesting of the restricted stock units reported on Table II.
- F2Each restricted stock unit represented a contingent right to receive one share of Common Stock of the Issuer.
- F3Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of restricted stock units.
- F4The reporting person previously reported the award of 1,454 shares of restricted stock units on Form 3A filed September 24, 2013. All of these restricted stock units vested on May 18, 2015.