CATHAY GENERAL BANCORP 4
4 · CATHAY GENERAL BANCORP · Filed Dec 24, 2014
Insider Transaction Report
Form 4
CHOW DONALD SANG
EVP, Chief Credit Officer
Transactions
- Award
Restricted Stock Units
2014-12-18+5,885→ 5,885 total→ Common Stock (5,885 underlying) - Award
Restricted Stock Units
2014-12-18+6,173→ 6,173 total→ Common Stock (6,173 underlying)
Footnotes (2)
- [F1]Eash restricted stock unit represented a contingent right to receive one share of Common Stock upon vesting. The number of restricted stock units that are earned can be reduced by up to 100% of the target award or increased by up to 150% of the target award, depending upon the achievement of certain performance criteria.
- [F2]These restricted stock units are scheduled to vest in a single installment on December 31, 2017, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2016 or a change in control, with the number of units earned being based on the achievement of certain performane criteria.