SEC Form 4 · accession 0001209191-17-031201
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R. Peoples
Officer — SEVP/CBO
Period of report
Mar 27, 2017
Accepted (ET)
May 10, 2017 · 3:37 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, $.01 par value per share | Mar 27, 2017 | M | 5,293 | $11.36 | A | 54,145 | D | |
| Common Stock, $.01 par value per share | May 8, 2017 | M | 25,000 | $6.97 | A | 79,145 | D | |
| Common Stock, $.01 par value per share | May 8, 2017 | M | 18,810 | $9.00 | A | 97,955 | 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)F1 | $6.97 | May 8, 2017 | M | 25,000 | D | Nov 30, 2012 | Nov 30, 2021 | Common Stock | 25,000 | 0 | D |
| Employee Stock Option (right to buy)F2 | $9.00 | May 8, 2017 | M | 18,810 | D | Nov 20, 2013 | Nov 20, 2022 | Common Stock | 18,810 | 0 | D |
| Employee Stock Option (right to buy) | $11.36 | Mar 27, 2017 | M | 5,293 | D | Oct 24, 2016 | Oct 24, 2023 | Common Stock | 5,293 | 0 | D |
Explanation of responses
- F1Stock Options vest in four equal installments starting on 11/30/2012.
- F2Stock Options vest in three equal installments starting on 11/20/2013.