| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | STER | Common Stock | Options Exercise | $121K | +12.5K | +2.02% | $9.68 | 631K | Aug 1, 2024 | Direct | |
| transaction | STER | Common Stock | Sale | -$196K | -12.5K | -1.98% | $15.68 | 618K | Aug 1, 2024 | Direct | F1, F2 |
| 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 | -12.5K | -5.02% | $0.00 | 237K | Aug 1, 2024 | Common Stock | 12.5K | $9.68 | Direct | F3 |
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).
| 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 $15.63 to $15.76. The price reported above reflects the weighted average sales price. |
| F3 | These options are fully vested. |
Mr. Paglia is the President and Chief Operating Officer of Sterling Check Corp.