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CAPPELLI LOUIS J 4

Accession 0000093451-10-000020

CIK 0000093451other

Filed

Mar 28, 8:00 PM ET

Accepted

Mar 29, 12:30 PM ET

Size

5.6 KB

Accession

0000093451-10-000020

Insider Transaction Report

Form 4
Period: 2010-03-25
CAPPELLI LOUIS J
DirectorChairman and CEO
Transactions
  • Award

    Restricted Common Stock

    2010-03-25$9.23/sh+21,939$202,497744,928 total
Footnotes (1)
  • [F1]Issued pursuant to the Sterling Bancorp Stock Incentive Plan consistent with the requirements of the TARP Interim Final Rule. The shares will vest 50%, 25% and 25% on the second, third and fourth anniversaries of the grant date, subject to (1) accelerated vesting upon death, disability and change in control and (2) continued vesting upon retirement after the second anniversary of the grant date subject to compliance with a non-compete. The restricted stock will be transferable in 25% increments in accordance with the Company's repayment of the TARP funds.

Issuer

STERLING BANCORP

CIK 0000093451

Entity typeother

Related Parties

1
  • filerCIK 0001136822

Filing Metadata

Form type
4
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 12:30 PM ET
Size
5.6 KB