SEC Form 4 · accession 0001209191-19-003451
STERLING BANCORP · STL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert W Lazar
Director
Period of report
Jan 4, 2019
Accepted (ET)
Jan 11, 2019 · 5:29 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 8, 2019 | A | 42 | $16.85 | A | 19,867 | D | |
| Common Stock | holding | — | — | — | 10,835 | 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 Stock | $0.00 | Jan 4, 2019 | J | 212 | A | Jan 4, 2019 | Jan 4, 2019 | Phantom | 212 | 2,703 | D |
| Phantom StockF1 | $0.00 | Jan 8, 2019 | M | 42 | D | — | — | Phantom | 0 | 2,661 | D |
Explanation of responses
- F1Represents the Reporting Person's distribution election of Phantom Stock held in select accounts because the Reporting Person has attained the required retirement age that triggers such distribution under the terms of the Company's Directors Deferred Compensation Plan.
- F2Represents the purchase of stock for the Reporting Person under the terms of the Company's Directors Deferred Compensation Plan. The securities are being reported as direct ownership of Phantom Stock.