GARY TEO - 04 Mar 2024 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 2024
Transactions value $: -$191,397
Form type: 4
Filing time: 06 Mar 2024, 21:02:07 UTC
Previous filing: 13 Feb 2024
Next filing: 29 Jul 2024
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	$0	+7,338	+50.26%	$0	21,939	04 Mar 2024	Direct	F1
transaction	EWBC	Common Stock	Tax liability	-$191,397	-2,614	-11.91%	$73.22	19,325	04 Mar 2024	Direct	F2
holding	EWBC	Common Stock						313	04 Mar 2024	401 (k) Plan

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Performance-Based Restricted Stock Units granted on March 4, 2021 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 4, 2024, 178.2% of the units granted on March 4, 2021 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.
F2	Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. The number of shares withheld was based on the closing price of the issuer's common stock on March 4, 2024.

Content

Performance-Based Restricted Stock Units granted on March 4, 2021 fully vest in three years. Number of vested units depends on meeting pre-established performance criteria. As of March 4, 2024, 178.2% of the units granted on March 4, 2021 were earned and vested. On the settlement date, for each vested Performance-Based Restricted Stock Unit, the reporting person received one share of Common Stock.

Shares withheld for payment of tax liability in connection with the vesting of Performance-Based Restricted Stock Units. The number of shares withheld was based on the closing price of the issuer's common stock on March 4, 2024.