SEC Form 4 · accession 0001209191-15-080695
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P. Cahill
Director
Period of report
Nov 9, 2015
Accepted (ET)
Nov 17, 2015 · 5:47 pm EST
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 Stock | holding | — | — | — | 12,288 | D | ||
| Common Stock | holding | — | — | — | 2,534 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | $0.00 | Nov 9, 2015 | A | 678 | A | — | — | Common Stock | 678 | 678 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of the Company's common stock. The shares of phantom stock became exercisable upon settlement, pursuant to the terms of the Company's Directors Deferred Compensation Plan.