GARY TEO - 04 Mar 2023 Form 4 Insider Report for EAST WEST BANCORP INC (EWBC)

Role
Executive Vice President
Signature
/s/ Louisa Wang, as Attorney-in-fact
Issuer symbol
EWBC
Transactions as of
04 Mar 2023
Transactions value $
-$187,297
Form type
4
Filing time
07 Mar 2023, 18:08:13 UTC
Previous filing
24 Jan 2023
Next filing
04 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EWBC Common Stock Award +7,015 +106% 13,622 04 Mar 2023 Direct F1
transaction EWBC Common Stock Tax liability -$187,297 -2,489 -18% $75.25 11,133 04 Mar 2023 Direct F2
holding EWBC Common Stock 224 04 Mar 2023 401 (k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSU") granted on March 4, 2020 fully vest after three years on March 4, 2023. Each RSU represents the right to receive, at settlement, one share of common stock.
F2 Shares withheld for payment of tax liability in connection with the vesting of Restricted Stock Units. Since March 4, 2023 was a Saturday, the number of shares withheld was determined on March 3, 2023 based on the closing price of the issuer's common stock on March 3, 2023.