Mark R. DeFazio - 23 Feb 2023 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
23 Feb 2023
Net transactions value
-$277,312
Form type
4
Filing time
24 Feb 2023, 14:37:15 UTC
Previous filing
27 Dec 2022
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCB Common Stock Tax liability $277,312 -4,952 -5.4% $56.00 86,183 23 Feb 2023 Direct F1, F2, F3, F4
holding MCB Common Stock 3,096 23 Feb 2023 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
holding MCB Stock Options 46,200 23 Feb 2023 Common Stock 46,200 $18.00 Direct F5
holding MCB Stock Options 74,000 23 Feb 2023 Common Stock 74,000 $18.00 Direct F5
holding MCB Stock Options 30,000 23 Feb 2023 Common Stock 30,000 $18.00 Direct F5
holding MCB Stock Options 70,000 23 Feb 2023 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.