Cathay General Bancorp (CATY) Form 4 CATHAY GENERAL BANCORP / DUNSON K CHENG ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CHENG DUNSON K

(Last) (First) (Middle)

777 NORTH BROADWAY

(Street)

LOS ANGELES CA 90012

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CATHAY GENERAL BANCORP [ CATY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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								384,577	I	Husband & Wife Trust
Common Stock								182,452	I	Nonmarital Share Trust
Common Stock								102,891	I	By ESOP
Common Stock	04/01/2024		M		16,837(1)	A	$0	142,381	D
Common Stock	04/01/2024		F		6,838	D	$36.91	135,543	D
Common Stock	04/01/2024		M		17,891(2)	A	$0	153,434	D
Common Stock	04/01/2024		F		9,068	D	$36.91	144,366	D
Common Stock	04/01/2024		M		35,689(3)	A	$0	180,055	D
Common Stock	04/01/2024		F		18,088	D	$36.91	161,967	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. 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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(4)	04/01/2024		M			10,226(1)	(5)	(5)	Common Stock	0	$0	0	D
Restricted Stock Units	(4)	04/01/2024		M			10,866(2)	(5)	(5)	Common Stock	0	$0	0	D
Restricted Stock Units	(4)	04/01/2024		M			21,733(3)	(5)	(5)	Common Stock	0	$0	0	D

Explanation of Responses:

1. Of the previously reported target award of 10,226 shares of performance-based restricted stock units, 150% of the target award was earned based upon the achievement of certain performance criteria.

2. Of the previously reported target award of 10,866 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 21,733 shares of performance-based restricted stock units, 149.602% of the target award was earned based upon the achievement of certain performance criteria.

4. Shares of the Issuer's Common Stock received by the Reporting Person from the vesting of performance-based restricted stock units granted on July 22, 2021. 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 July 26, 2021.

5. Performance-based restricted stock units vested on December 31, 2023.

	/s/ Georgia Lo, attorney-in-fact	04/03/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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