Mark R. DeFazio - Feb 28, 2022 Form 4 Insider Report for Metropolitan Bank Holding Corp. (MCB)

Role: President and CEO, Director
Signature: /s/ Michele Weber, pursuant to power of attorney
Stock symbol: MCB
Transactions as of: Feb 28, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/2/2022, 03:31 PM
Previous filing: Feb 25, 2022
Next filing: Mar 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCB	Common Stock	Award	$0	+20K	+24.17%	$0.00	103K	Feb 28, 2022	Direct	F1, F2, F3, F4, F5, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	MCB	Stock Options						57K	Feb 28, 2022	Common Stock	57K	$18.00	Direct	F6
holding	MCB	Stock Options						74K	Feb 28, 2022	Common Stock	74K	$18.00	Direct	F6
holding	MCB	Stock Options						30K	Feb 28, 2022	Common Stock	30K	$18.00	Direct	F6
holding	MCB	Stock Options						70K	Feb 28, 2022	Common Stock	70K	$18.00	Direct	F6

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

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock granted on March 1, 2017 that vest at a rate of 33.3% per year commencing on March 1, 2020.
F2	Includes restricted stock units granted on February 25, 2020 that vest at a rate of 33.3% per year commencing on December 15, 2020.
F3	Includes restricted stock units granted on February 24, 2021 that vest at a rate of 33.3% per year commencing on March 1, 2022.
F4	Includes restricted stock units granted on February 23, 2022 that vest 100% on February 23, 2023.
F5	Includes restricted stock units granted on February 23, 2022 that vest at a rate of 33.3% per year commencing on March 1, 2023.
F6	Fully vested and exercisable.
F7	On May 3, 2021 the reporting person was granted 60,000 restricted stock units which vests at a rate of 33% per year commencing on February 28, 2022, subject to the satisfaction of certain performance criteria. The performance criteria for the fiscal year ended December 31, 2021 were met, resulting in the vesting of 20,000 restricted stock units.