SEC Form 4 · accession 0000874238-19-000056
STERLING INFRASTRUCTURE, INC. · STRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Cutillo
Officer — Chief Executive Officer
Period of report
Mar 5, 2019
Accepted (ET)
Mar 7, 2019 · 1:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874238
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 5, 2019 | A | 23,201 | $0.00 | A | 242,621 | D | |
| Common StockF2,F3 | Mar 5, 2019 | F | 7,506 | $14.47 | D | 235,115 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares granted under the (2018) Senior Executive Incentive Compensation Plan.
- F2These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock award was made.
- F3Of these shares, 137,426 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.