Mark R. DeFazio - 22 Dec 2022 Form 4 Insider Report for Metropolitan Bank Holding Corp. (MCB)

Signature
/s/ Jeffrey Cass, pursuant to power of attorney
Issuer symbol
MCB
Transactions as of
22 Dec 2022
Net transactions value
+$194,400
Form type
4
Filing time
27 Dec 2022, 09:14:49 UTC
Previous filing
16 Dec 2022
Next filing
24 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCB Common Stock Options Exercise $194,400 +10,800 +13% $18.00 91,135 22 Dec 2022 Direct F1, F2, F3, F4
holding MCB Common Stock 3,096 22 Dec 2022 By 401(k)

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
transaction MCB Stock Options Options Exercise $0 -10,800 -19% $0.000000 46,200 22 Dec 2022 Common Stock 10,800 $18.00 Direct F5
holding MCB Stock Options 74,000 22 Dec 2022 Common Stock 74,000 $18.00 Direct F5
holding MCB Stock Options 30,000 22 Dec 2022 Common Stock 30,000 $18.00 Direct F5
holding MCB Stock Options 70,000 22 Dec 2022 Common Stock 70,000 $18.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units granted on February 25, 2020 that vest at a rate of 33.3% per year commencing on December 15, 2020.
F2 Includes restricted stock units granted on February 24, 2021 that vest at a rate of 33.3% per year commencing on March 1, 2022.
F3 Includes restricted stock units granted on February 23, 2022 that vest 100% on February 23, 2023.
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 Fully vested and exercisable.