Lou Paglia - 11 Jul 2024 Form 4 Insider Report for Sterling Check Corp.

Role: Mr. Paglia is the President and Chief Operating Officer of Sterling Check Corp.
Signature: /s/ Steven L. Barnett, Attorney-in-Fact for Lou Paglia
Issuer symbol: N/A
Transactions as of: 11 Jul 2024
Net transactions value: -$267,181
Form type: 4
Filing time: 12 Jul 2024, 16:12:41 UTC
Previous filing: 13 Jun 2024
Next filing: 16 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STER	Common Stock	Options Exercise	$321,894	+34,278	+5.5%	$9.39	652,609	11 Jul 2024	Direct
transaction	STER	Common Stock	Options Exercise	$123,186	+12,722	+1.9%	$9.68	665,331	11 Jul 2024	Direct
transaction	STER	Common Stock	Sale	$712,262	-47,000	-7.1%	$15.15	618,331	11 Jul 2024	Direct	F1, F2

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	STER	Employee Stock Option (Right to Buy)	Options Exercise	$0	-34,278	-100%	$0.000000^*	0	11 Jul 2024	Common Stock	34,278	$9.39	Direct	F3
transaction	STER	Employee Stock Option (Right to Buy)	Options Exercise	$0	-12,722	-27%	$0.000000	35,198	11 Jul 2024	Common Stock	12,722	$9.68	Direct	F3

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

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Mr. Paglia on June 20, 2023.
F2	This transaction was executed in multiple trades with sales prices ranging from $15.00 to $15.24. The price reported above reflects the weighted average sales price.
F3	These options are fully vested.

Remarks:

Mr. Paglia is the President and Chief Operating Officer of Sterling Check Corp.