SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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).
  
Form 3 Holdings Reported.
  
Form 4 Transactions Reported.
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)
Chairman, President & CEO
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2010
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 at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
Common Stock 03/10/2010 J(1) 84.118 A $9.3131 0 D
Common Stock 06/10/2010 J(1) 74.838 A $10.4792 0 D
Common Stock 09/10/2010 J(1) 83.104 A $9.4459 0 D
Common Stock 11/18/2010 J(2) 388,721 D $0 0 D
Common Stock 11/18/2010 J(2) 388,721 A $0 628,029 I Husband & Wife Trust
Common Stock 12/31/2010 J(3) 385 A $10.4285 101,935 I By ESOP
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)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option $15.0475 01/18/2002(4) 01/18/2011 Common Stock 74,160 74,160 D
Stock Option $16.275 02/21/2003(4) 02/21/2012 Common Stock 79,320 153,480 D
Stock Option $19.925 01/16/2004(4) 01/16/2013 Common Stock 153,060 306,540 D
Stock Option $24.8 11/20/2004(4) 11/20/2013 Common Stock 246,940 553,480 D
Stock Option $37 02/17/2006(4) 02/17/2015 Common Stock 154,940 708,420 D
Stock Option $32.47 03/22/2005(4) 03/22/2015 Common Stock 245,060 953,480 D
Stock Option $33.54 11/20/2005(4) 05/12/2015 Common Stock 264,694 1,218,174 D
Stock Option $36.24 01/25/2007(5) 01/25/2016 Common Stock 154,940 1,373,114 D
Stock Option $23.37 02/21/2009(6) 02/21/2018 Common Stock 154,970 1,528,084 D
Stock Option $23.37 02/21/2009(4) 02/21/2018 Common Stock 100,000 1,628,084 D
Explanation of Responses:
1. Dividend Reinvestment.
2. Transferred from individual direct ownership account to the Trust account as indirect ownership
3. ESOP earning allocation.
4. The option is fully exercisable.
5. The option vests in 5 equal annual installments beginning 1/25/07.
6. The option vests in 5 equal annual installments beginning 2/21/09.
Remarks:
Dunson K. Cheng 02/10/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.