4//SEC Filing
CAPPELLI LOUIS J 4
Accession 0000093451-11-000025
CIK 0000093451other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 11:52 AM ET
Size
5.2 KB
Accession
0000093451-11-000025
Insider Transaction Report
Form 4
CAPPELLI LOUIS J
DirectorChairman and CEO
Transactions
- Award
Restricted Common Stock
2011-03-24$9.71/sh+20,854$202,492→ 765,782 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.
Documents
Issuer
STERLING BANCORP
CIK 0000093451
Entity typeother
Related Parties
1- filerCIK 0001136822
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 11:52 AM ET
- Size
- 5.2 KB