CATHAY GENERAL BANCORP 4
4 · CATHAY GENERAL BANCORP · Filed Dec 19, 2016
Insider Transaction Report
Form 4
CHOW DONALD SANG
EVP, Chief Credit Officer
Transactions
- Award
Restricted Stock Units
2016-12-15+2,260→ 2,260 total→ Common Stock (2,260 underlying) - Award
Restricted Stock Units
2016-12-15+4,521→ 4,521 total→ Common Stock (4,521 underlying) - Award
Restricted Stock Units
2016-12-15+2,353→ 2,353 total→ Common Stock (2,353 underlying)
Footnotes (2)
- [F1]Each 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, 2019, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2018 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.