Mark R. DeFazio - 22 Jul 2024 Form 4 Insider Report for Metropolitan Bank Holding Corp. (MCB)

Signature
/s/ Frederik Erikson, pursuant to power of attorney
Issuer symbol
MCB
Transactions as of
22 Jul 2024
Net transactions value
-$5,072,690
Form type
4
Filing time
24 Jul 2024, 17:04:43 UTC
Previous filing
04 Mar 2024
Next filing
03 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCB Common Stock Sale $1,899,282 -34,328 -16% $55.33 181,866 22 Jul 2024 Direct F1, F4, F5, F6, F7
transaction MCB Common Stock Sale $36,814 -658 -0.36% $55.95 181,208 22 Jul 2024 Direct F2, F4, F5, F6, F7
transaction MCB Common Stock Sale $3,136,593 -57,052 -31% $54.98 124,156 23 Jul 2024 Direct F3, F4, F5, F6, F7
holding MCB Common Stock 20,517 22 Jul 2024 By LLC
holding MCB Common Stock 3,372 22 Jul 2024 By 401(k)
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The $55.3275 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.90 to $55.89, inclusive. The Reporting Person undertakes to provide Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each separate transaction set forth in this Footnote 1.
F2 The $55.9478 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.90 to $56.25, inclusive. The Reporting Person undertakes to provide Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each separate transaction set forth in this Footnote 2.
F3 The $54.9778 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.50 to $55.45, inclusive. The Reporting Person undertakes to provide Metropolitan Bank Holding Corp., any security holder of Metropolitan Bank Holding Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased in each separate transaction set forth in this Footnote 3.
F4 Includes restricted stock units granted on February 23, 2022 that vest at a rate of 33.3% per year commencing on March 1, 2023.
F5 Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.
F6 Includes restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.
F7 Includes restricted stock units granted on March 1, 2024 that vest 100% on March 1, 2025.