Mark R. DeFazio - 28 Feb 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
Issuer symbol
MCB
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
02 Mar 2022, 15:31:17 UTC
Previous filing
25 Feb 2022
Next filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCB Common Stock Award $0 +20,000 +24% $0.000000 102,755 28 Feb 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 57,000 28 Feb 2022 Common Stock 57,000 $18.00 Direct F6
holding MCB Stock Options 74,000 28 Feb 2022 Common Stock 74,000 $18.00 Direct F6
holding MCB Stock Options 30,000 28 Feb 2022 Common Stock 30,000 $18.00 Direct F6
holding MCB Stock Options 70,000 28 Feb 2022 Common Stock 70,000 $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.