SEC Form 4 · accession 0001437749-19-004823
CATHAY GENERAL BANCORP · CATY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Heng W Chen
Officer — EVP/CFO
Period of report
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 7:25 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 | Mar 11, 2019 | M | 985 | — | A | 112,028 | D | |
| Common Stock | Mar 11, 2019 | F | 341 | $36.53 | D | 111,687 | 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 UnitsF2,F4 | — | Mar 11, 2019 | M | 985 | D | — | — | Common Stock | 985 | 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 tax withholding requirement on vesting of restricted stock units.
- F4The Reporting Person previously reported the award of 964 restricted stock units, based on a closing stock price as of March 9, 2018, on Form 4 filed March 13, 2018. The actual number of restricted stock units issued was 985 based on a closing stock price as of March 8, 2018. In addition, such restricted stock units actually vested in full on the date of grant, with the shares of common stock to be distributed on the first anniversary of the date of the grant or immediately upon the death, disability or retirement of the Reporting Person, or a change in control of the Issuer.