SEC Form 4 · accession 0001209191-16-145224
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Lazar
Director
Period of report
Oct 4, 2016
Accepted (ET)
Oct 6, 2016 · 3:50 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 Stock | holding | — | — | — | 14,002 | D | ||
| Common Stock | holding | — | — | — | 10,214 | 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 StockF2 | $0.00 | Oct 4, 2016 | J | 130 | A | Oct 4, 2016 | Oct 4, 2016 | Phantom | 130 | 1,313 | D |
Explanation of responses
- F1Represents the purchase of stock for the Reporting Person under the terms of the Company's Directors Deferred Compensaton Plan. The securities are being reported as direct ownership of Phantom Stock
- F2Due to an administrative error in the calculation of the Phantom Stock attributable under the Directors Deferred Compensation Plan, the total number of Phantom Stock for the Reporting Person reflects an increase of 7.526 shares as a correction to the total amount reported in the Form 4 filed on July 13, 2016.