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CATY Cathay General Bancorp

40.56
0.00 (0.00%)
Pre Market
Last Updated: 12:05:15
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cathay General Bancorp NASDAQ:CATY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 40.56 40.60 42.10 0 12:05:15

Statement of Changes in Beneficial Ownership (4)

03/04/2020 10:34pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CHEN HENG W
2. Issuer Name and Ticker or Trading Symbol

CATHAY GENERAL BANCORP [ CATY ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP/CFO
(Last)          (First)          (Middle)

777 NORTH BROADWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

4/1/2020
(Street)

LOS ANGELES, CA 90012
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 4/1/2020  M(1)  5651 A$0 117338 D  
Common Stock 4/1/2020  M(2)  10938 A$0 128276 D  
Common Stock 4/1/2020  M(3)  5469 A$0 133745 D  
Common Stock 4/1/2020  F(4)  7630 D$21.68 126115 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (5)4/1/2020  M     3461 (1)  (6) (6)Common Stock 0 $0 0 D  
Restricted Stock Units  (5)4/1/2020  M     6648 (2)  (6) (6)Common Stock 0 $0 0 D  
Restricted Stock Units  (5)4/1/2020  M     3324 (3)  (6) (6)Common Stock 0 $0 0 D  

Explanation of Responses:
(1) Of the previously reported target award of 3,461 shares of performance-based restricted stock units, 148% of the target award was earned based upon the achievement of certain performance criteria.
(2) Of the previously reported target award of 6,648 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
(3) Of the previously reported target award of 3,324 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.
(4) Shares withheld by Registrant to satisfy tax withholding requirement on vesting of restricted stock units.
(5) Shares of the Issuer's Common Stock received by the Reporting Person from the vesting of performance-based restricted stock units granted on December 15, 2016. 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 19, 2016.
(6) Performance-based restricted stock units vested on December 31, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
CHEN HENG W
777 NORTH BROADWAY
LOS ANGELES, CA 90012


EVP/CFO

Signatures
/s/ Georgia Lo, attorney-in-fact4/3/2020
**Signature of Reporting PersonDate

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