CATHAY GENERAL BANCORP 4
4 · CATHAY GENERAL BANCORP · Filed Dec 21, 2015
Insider Transaction Report
Form 4
CHOW DONALD SANG
EVP, Chief Credit Officer
Transactions
- Award
Restricted Stock Units
2015-12-17+5,572→ 5,572 total→ Common Stock (5,572 underlying) - Award
Restricted Stock Units
2015-12-17+5,226→ 5,226 total→ Common Stock (5,226 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represented a contingent right to receive one share of Common Stock uppn 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 Decmeber 31, 2018, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2017 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.