SEC Form 4 · accession 0001209191-15-058974
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas G Kahn
Director
Period of report
Jun 30, 2015
Accepted (ET)
Jul 2, 2015 · 5:04 pm 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 | Jun 30, 2015 | A | 25,555 | $0.00 | A | 31,555 | I | By IRA |
| Common Stock | holding | — | — | — | 41,920 | D | ||
| Common Stock | holding | — | — | — | 18,055 | I | By Custodian for Children | |
| Common Stock | holding | — | — | — | 17,363 | I | Discretionary Customer Account | |
| Common Stock | holding | — | — | — | 1,060,827 | I | Kahn Bros. Group, Inc. Dis.Adv.Accts. | |
| Common Stock | holding | — | — | — | 3,539 | I | Trust Ackerman Institute | |
| Common Stock | holding | — | — | — | 108,926 | I | Trust Kahn Bros. Pension Plan | |
| Common Stock | holding | — | — | — | 41,466 | I | Trust Kahn Bros. Profit Sharing Plan | |
| Common Stock | holding | — | — | — | 55,558 | I | Trust Kahn Bros. Value Fund | |
| Common Stock | holding | — | — | — | 3,333 | I | Trust M&T Kahn Foundation | |
| Common Stock | holding | — | — | — | 1,000 | I | By IRA for Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 13310 shares of Hudson Valley Holding Corporation stock in connection with the merger of Hudson Valley Holding Corporation into Sterling Bancorp (the "Merger"). On the effective date of the Merger, the closing price of Hudson Valley Holding Corporation's common stock was $28.21 per share, and the closing price of Sterling Bancorp's common stock was $14.70 per share. Hudson Valley Holding Corporation stock had been held for over one year.