James P. Blose - 16 Dec 2021 Form 4 Insider Report for STERLING BANCORP

Role
General Counsel and CLO
Signature
/s/ James P. Blose Esq.
Issuer symbol
N/A
Transactions as of
16 Dec 2021
Net transactions value
+$493,612
Form type
4
Filing time
20 Dec 2021, 15:58:29 UTC
Previous filing
08 Dec 2021
Next filing
02 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STL Common Stock Award $872,373 +35,578 +101% $24.52 70,861 16 Dec 2021 Direct F1
transaction STL Common Stock Tax liability $378,760 -15,447 -22% $24.52 55,414 16 Dec 2021 Direct F2
holding STL Common Stock 3,920 16 Dec 2021 By IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents vesting of a time-based Performance Share Award, which has been accelerated in line with the abbreviated performance period to end on September 30, 2021, as disclosed in Sterling Bancorp's Current Report on Form 8-K, filed with the Securities and Exchange Commission on December 17, 2021.
F2 Represents payment of tax liability due to the accelerated vesting of a time-based Performance Share Award.