SEC Form 4 · accession 0001209191-17-050855
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas G Kahn
Director
Period of report
Aug 30, 2017
Accepted (ET)
Aug 31, 2017 · 2:33 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 | Aug 30, 2017 | J | 1,400 | $0.00 | D | 914,556 | I | Kahn Bros. Group, Inc. Dis.Adv.Accts. |
| Common Stock | holding | — | — | — | 108,926 | I | Trust Kahn Bros. Pension Plan | |
| Common Stock | holding | — | — | — | 3,539 | I | Trust Ackerman Institute | |
| Common Stock | holding | — | — | — | 41,466 | I | Trust Kahn Bros. Profit Sharing Plan | |
| Common Stock | holding | — | — | — | 50,266 | 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 | |
| Common Stock | holding | — | — | — | 17,363 | I | Discretionary Customer Account | |
| Common Stock | holding | — | — | — | 18,055 | I | By Custodian for Children | |
| Common Stock | holding | — | — | — | 44,648 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents unsolicited transfer of stock from the Discretionary Account upon instruction from customer and cancellation of contract with Kahn Brothers. The reporting person is hereby relying on the view the SEC's staff has expressed with regard to Rule 16b-3 exempting an Officer's or Director's indirect interest in a transaction between the issuer and an entity in which the beneficial ownership of the portfolio securities is reportable by the Officer or Director.