ABRAMS ROBERT 4
4 · STERLING BANCORP · Filed Feb 3, 2009
Insider Transaction Report
Form 4
ABRAMS ROBERT
Director
Transactions
- Purchase
Common Stock
2009-01-30$11.00/sh+900$9,900→ 1,600 total(indirect: By Immediate Family)
Holdings
- 4,725
Non-qualified Stock Options (right to buy)
Exercise: $19.50From: 2007-06-30Exp: 2011-06-30→ Common Stock (4,725 underlying) - 4,725
Non-qualified Stock Options (right to buy)
Exercise: $21.93From: 2005-06-30Exp: 2009-06-30→ Common Stock (4,725 underlying) - 4,573
Non-qualified Stock Options (right to buy)
Exercise: $21.41From: 2005-07-30Exp: 2009-07-30→ Common Stock (4,573 underlying) - 33,360
Common Stock
- 4,725
Non-qualified Stock Options (right to buy)
Exercise: $20.34From: 2005-12-19Exp: 2010-06-30→ Common Stock (4,725 underlying)
Footnotes (4)
- [F1]Reporting person disclaims beneficial ownership of shares.
- [F2]Transfer of shares acquired by exercise of non-qualified stock options is restricted to even installments over a four year period commencing on the first anniversary of the grant.
- [F3]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 held by non-employee directors, 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.
- [F4]Non-employee directors were granted options for 4,753 shares of common stock pursuant to the final grant under an automatic grant of options adopted in 2002.