SEC Form 4 · accession 0001567619-18-008007
Metropolitan Bank Holding Corp. · MCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark R DeFazio
Officer — President and CEO · Director
Period of report
Dec 14, 2018
Accepted (ET)
Dec 14, 2018 · 3:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Dec 14, 2018 | M | 10,000 | $30.00 | A | 23,860 | D | |
| Common StockF1,F2,F3,F4 | Dec 14, 2018 | F | 8,844 | $33.92 | D | 15,016 | D | |
| Common Stock | holding | — | — | — | 139,140 | I | By LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $30.00 | Dec 14, 2018 | M | 10,000 | D | — | Dec 17, 2018 | Common Stock | 10,000 | 0 | D |
| Stock OptionsF5 | $18.00 | holding | — | — | — | — | Oct 22, 2023 | Common Stock | 57,000 | 57,000 | D |
| Stock OptionsF5 | $18.00 | holding | — | — | — | — | Dec 2, 2023 | Common Stock | 74,000 | 74,000 | D |
| Stock OptionsF5 | $18.00 | holding | — | — | — | — | Mar 18, 2024 | Common Stock | 30,000 | 30,000 | D |
| Stock OptionsF5 | $18.00 | holding | — | — | — | — | Jun 2, 2025 | Common Stock | 70,000 | 70,000 | D |
Explanation of responses
- F1Includes shares of restricted stock granted on December 21, 2012 and vest at a rate of 25% per year commencing on December 21, 2014.
- F2Includes shares of restricted stock granted on February 14, 2014 and vest at a rate of 33.3% per year commencing on December 31, 2016.
- F3Includes shares of restricted stock granted on January 1, 2015 and vest at a rate of 33.3% per year commencing on December 31, 2017.
- F4Includes shares of restricted stock granted on March 1, 2017 and vest at a rate of 33.3% per year commencing on March 1, 2020.
- F5Fully vested and exercisable.