Mark R. DeFazio - 01 Mar 2023 Form 4 Insider Report for Metropolitan Bank Holding Corp. (MCB)

Role: President and CEO, Director
Signature: /s/ Jeffrey Cass, pursuant to power of attorney
Issuer symbol: MCB
Transactions as of: 01 Mar 2023
Net transactions value: -$147,882
Form type: 4
Filing time: 03 Mar 2023, 18:46:27 UTC
Previous filing: 01 Mar 2023
Next filing: 28 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCB	Common Stock	Tax liability	$147,882	-2,645	-2%	$55.91	129,532	01 Mar 2023	Direct	F1, F2, F3, F4
holding	MCB	Common Stock						3,096	01 Mar 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	01 Mar 2023	Common Stock	46,200	$18.00	Direct	F5
holding	MCB	Stock Options						74,000	01 Mar 2023	Common Stock	74,000	$18.00	Direct	F5
holding	MCB	Stock Options						30,000	01 Mar 2023	Common Stock	30,000	$18.00	Direct	F5
holding	MCB	Stock Options						70,000	01 Mar 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 24, 2021 that vest at a rate of 33.3% per year commencing on March 1, 2022.
F2	Includes restricted stock units granted on February 23, 2022 that vest at a rate of 33.3% per year commencing on March 1, 2023.
F3	Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.
F4	Includes restricted stock units granted on March 1, 2023 that vest 100% on March 1, 2024.
F5	Fully vested and exercisable.