SEC Form 4 · accession 0001209191-15-045791
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S. Bagatelle
Officer — Executive Vice President
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 9:45 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070154
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 20, 2015 | S | 4,172 | $13.45 | D | 11,412 | D | |
| Common StockF2 | May 20, 2015 | M | 22,299 | $13.42 | A | 33,711 | D | |
| Common Stock | May 20, 2015 | S | 22,299 | $13.42 | D | 11,412 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $6.95 | May 20, 2015 | M | 13,300 | D | Oct 31, 2012 | Oct 31, 2021 | Common | 13,300 | 13,000 | D |
| Employee Stock Option (right to buy) | $9.00 | May 20, 2015 | M | 7,333 | D | Nov 20, 2013 | Nov 20, 2022 | Common | 7,333 | 7,334 | D |
| Employee Stock Option (right to buy) | $11.36 | May 20, 2015 | M | 1,666 | D | Oct 24, 2014 | Oct 24, 2023 | Common | 1,666 | 3,334 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.44 to $13.475 inclusive. The report person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 1 to this Form 4.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.40 to $13.46 inclusive. The report person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in Footnote 1 to this Form 4.