Home/Filings/4/0000093451-09-000017
4//SEC Filing

Robinson Eliot S 4

Accession 0000093451-09-000017

CIK 0000093451other

Filed

Feb 4, 7:00 PM ET

Accepted

Feb 5, 11:17 AM ET

Size

16.4 KB

Accession

0000093451-09-000017

Insider Transaction Report

Form 4
Period: 2009-02-04
Robinson Eliot S
Exec VP Sterling National Bank
Transactions
  • Exercise/Conversion

    Common Stock

    2009-02-04$8.69/sh+7,443$64,68012,003 total
  • Sale

    Common Stock

    2009-02-04$11.50/sh7,443$85,5954,560 total
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2009-02-047,4430 total
    Exercise: $8.69From: 2000-02-12Exp: 2009-02-12Common Stock (7,443 underlying)
Holdings
  • Incentive Stock Options (right to buy)

    Exercise: $6.94From: 2001-02-11Exp: 2010-02-11Common Stock (11,434 underlying)
    11,434
  • Incentive Stock Options (right to buy)

    Exercise: $14.60From: 2003-02-06Exp: 2012-02-06Common Stock (14,175 underlying)
    14,175
  • Non-qualified Stock Options (right to buy)

    Exercise: $26.94From: 2005-12-19Exp: 2011-03-22Common Stock (10,500 underlying)
    10,500
  • Non-qualified stock options (right to buy)

    Exercise: $17.99From: 2012-03-15Exp: 2017-03-15Common Stock (10,000 underlying)
    10,000
  • Common Stock

    (indirect: By 401(k))
    9,795
Footnotes (4)
  • [F1]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).
  • [F2]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).
  • [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 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.
  • [F4]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

1 file

Issuer

STERLING BANCORP

CIK 0000093451

Entity typeother

Related Parties

1
  • filerCIK 0001393461

Filing Metadata

Form type
4
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 11:17 AM ET
Size
16.4 KB