SEC Form 4 · accession 0001209191-17-006421
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas G Kahn
Director
Period of report
Jan 27, 2017
Accepted (ET)
Jan 31, 2017 · 5:20 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 | Jan 27, 2017 | S | 17,170 | $24.275 | D | 991,029 | I | Kahn Bros. Group, Inc. Dis.Adv.Accts. |
| Common StockF1 | Jan 27, 2017 | S | 5,275 | $24.138 | D | 985,754 | I | Kahn Bros. Group, Inc. Dis.Adv.Accts. |
| Common Stock | Jan 30, 2017 | S | 1,500 | $23.355 | D | 984,254 | I | Kahn Bros. Group, Inc. Dis.Adv.Accts. |
| Common Stock | holding | — | — | — | 44,648 | D | ||
| Common Stock | holding | — | — | — | 18,055 | I | By Custodian for Children | |
| Common Stock | holding | — | — | — | 17,363 | I | Discretionary Customer Account | |
| 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 | — | — | — | 31,555 | I | By IRA | |
| Common Stock | holding | — | — | — | 1,000 | I | By IRA for Spouse |
Table II — derivative securities
No Table II lines on this filing.
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 $24.124 to $24.154 inclusive. The reporting person undertakes to provide to Sterling Bancorp, any security holder of Sterling Bancorp, 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.