SEC Form 4 · accession 0001567619-19-001992
Metropolitan Bank Holding Corp. · MCB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert I Usdan
Director
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 3:11 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 StockF3,F2 | Jan 29, 2019 | A | 1,000 | $0.00 | A | 5,707 | I | By Endicott Management Company |
| Common Stock | holding | — | — | — | 641,650 | I | By Endicott Opportunity Partners IV | |
| Common StockF1 | holding | — | — | — | 272,636 | I | By Endicott Opportunity Partners IV |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of preferred stock are not convertible by the holder, but are convertible on a one-for-one basis into shares of MCB common stock under certain circumstances.
- F2Includes shares of restricted stock which vest at a rate of 33.3% per year commencing on December 31, 2019.
- F3Shares of restricted stock vest at a rate of 25% on each of March 31, June 30, September 30 and December 31, 2019.