5//SEC Filing
Robinson Eliot S 5
Accession 0000093451-09-000010
CIK 0000093451other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 2:13 PM ET
Size
14.6 KB
Accession
0000093451-09-000010
Insider Transaction Report
Form 5
Robinson Eliot S
Exec VP Sterling National Bank
Transactions
- Other
Common Stock
2008-12-31+336→ 3,278 total
Holdings
- 9,795(indirect: By 401(k))
Common Stock
- 10,000
Non-qualified stock options (right to buy)
Exercise: $17.99From: 2012-03-15Exp: 2017-03-15→ Common Stock (10,000 underlying) - 12,003
Incentive Stock Option (right to buy)
Exercise: $8.69From: 2000-02-12Exp: 2009-02-12→ Common Stock (12,003 underlying) - 11,434
Incentive Stock Options (right to buy)
Exercise: $6.94From: 2001-02-11Exp: 2010-02-11→ Common Stock (11,434 underlying) - 14,175
Incentive Stock Options (right to buy)
Exercise: $14.60From: 2003-02-06Exp: 2012-02-06→ Common Stock (14,175 underlying) - 10,500
Non-qualified Stock Options (right to buy)
Exercise: $26.94From: 2005-12-19Exp: 2011-03-22→ Common Stock (10,500 underlying)
Footnotes (5)
- [F1]These common shares were acquired through a shareholders' dividend reinvestment program.
- [F2]Options became exercisable in two installments on the first anniversary of the grant, for a term of 10 years from date of grant (first exercisable date listed).
- [F3]Options became exercisable in three installments on the first anniversary of the grant, for a term of 10 years from date of grant (first exercisable date listed).
- [F4]On December 15, 2005 the Board of Directors voted to accelerate the vesting and exercisability of any outstanding unvested and unexercisable non-qualified stock options granted to officers on March 22, 2005 effective as of December 19, 2005; provided, however, that transfer of shares acquired by such exercise is restricted until the date that the option would have been exercisable prior to such change. Such restrictions on transfer will expire as to 10% of the grant on the first anniversary of the date of grant, an additional 15% of the grant on the second anniversary of the date of grant, an additional 25% of the grant on the third anniversary of the date of grant and the remaining 50% of the grant on the fourth anniversary of the grant.
- [F5]Non-qualified options become exercisable commencing on the fifth anniversary of the grant for a term of 10 years from grant date (first exercisable date listed).
Documents
Issuer
STERLING BANCORP
CIK 0000093451
Entity typeother
Related Parties
1- filerCIK 0001393461
Filing Metadata
- Form type
- 5
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 2:13 PM ET
- Size
- 14.6 KB