TIETJEN JOHN W 4
4 · STERLING BANCORP · Filed May 13, 2009
Insider Transaction Report
Form 4
TIETJEN JOHN W
EVP and CFO
Transactions
- Sale
Common Stock
2009-05-12$11.75/sh−8,000$94,000→ 69,705 total - Sale
Common Stock
2009-05-12$12.12/sh−600$7,272→ 69,105 total
Holdings
- 10,494(indirect: By 401(k))
Common Stock
- 32,730
Incentive Stock Options (right to buy)
Exercise: $6.94From: 2007-02-11Exp: 2010-02-11→ Common Stock (32,730 underlying) - 24,089
Non-qualified Stock Options (right to buy)
Exercise: $14.60From: 2003-02-06Exp: 2012-02-06→ Common Stock (24,089 underlying) - 13,711
Incentive Stock Options (right to buy)
Exercise: $14.60From: 2010-02-06Exp: 2012-02-06→ Common Stock (13,711 underlying) - 6,708
Non-qualified Stock Options (right to buy)
Exercise: $6.94From: 2001-02-11Exp: 2010-02-11→ Common Stock (6,708 underlying)
Footnotes (4)
- [F1]Shares sold solely to satisfy tax obligations on stock options exercised in 2008.
- [F2]Options become exercisable, commencing on the seventh anniversary of the grant, in three installments for a term of 10 years from grant date (first exercisable date listed).
- [F3]Options become exercisable, commencing on the eighth anniversary of the grant, in two installments for a term of 10 years from grant date (first exercisable date listed).
- [F4]Non-qualified options are exercisable commencing on the first anniversary of the grant for a term of 10 years from grant date (first exercisable date listed).