SEC Form 4 · accession 0001437749-18-003879
CATHAY GENERAL BANCORP · CATY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kim R Bingham
Officer — EVP - Chief Risk Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 12:22 pm EST
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 Stock | Mar 1, 2018 | M | 6,734 | $0.00 | A | 28,537 | D | |
| Common Stock | Mar 1, 2018 | F | 2,329 | $41.22 | D | 26,208 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F4 | — | Mar 1, 2018 | M | 5,670 | D | — | — | Common Stock | 5,670 | 0 | D |
Explanation of responses
- F1Shares of the Issuer's Common Stock received by the Reporting Person from the vesting of performance-based restricted stock units granted on December 18, 2014. Such restricted stock units were previously reported in Table II on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on December 24, 2014.
- F2Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of restricted stock units.
- F3Of the previously reported target award of 5,670 shares of restricted stock unit, 110.641% of the target award was earned based upon the achievement of certain performance criteria.
- F4Performance-based restricted stock units vested on December 31, 2017.