Liu Chang 4
4 · CATHAY GENERAL BANCORP · Filed Jul 2, 2024
Insider Transaction Report
Form 4
Liu Chang
DirectorPresident & CEO
Transactions
- Award
Restricted Stock Units
2024-06-28+25,212→ 25,212 total→ Common Stock (25,212 underlying) - Award
Restricted Stock Units
2024-06-28+12,506→ 12,506 total→ Common Stock (12,506 underlying) - Award
Restricted Stock Units
2024-06-28+12,606→ 12,606 total→ Common Stock (12,606 underlying)
Holdings
- 87,822
Common Stock
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, 2026, subject to continued employment, but may vest to some extent earlier in the event of death, disability, retirement after December 31, 2025 or a change in control, with the number of units earned being based on the achievement of certain performance criteria.