Nigro Thomas 4

4 · STATE BANCORP INC · Filed Mar 14, 2011

Form 4

Period: 2011-03-10

Director of Retail Banking

Transactions

Holdings

Footnotes (5)

[F1]Shares acquired are shares of restricted stock granted as part of Mr. Nigro's 2010 incentive compensation. Shares are granted under the Company's 2006 Equity Compensation Plan and will vest over a five year period; one-third to vest on March 10, 2014, one-third to vest on March 10, 2015 and the remainder to vest on March 10, 2016.
[F2]Total includes 2,000 shares of restricted stock granted to Mr. Nigro as part of his 2009 incentive compensation. Shares are granted under the Company's 2006 Equity Compensation Plan and will vest over a five year period; one-third to vest on April 2, 2013, one-third to vest on April 2, 2014 and the remainder to vest on April 2, 2015. To date, zero shares have vested.
[F3]Total includes 2,000 shares of restricted stock granted to Mr. Nigro as part of his 2008 incentive compensation package. Shares are granted under the Company's 2006 Equity Compensation Plan and will vest over a five year period; one-third to vest on March 25, 2012, one-third to vest on March 25, 2013 and the remainder to vest on March 25, 2014. To date, zero shares have vested.
[F4]Total includes 2,500 shares of restricted stock granted to Mr. Nigro in 2008 as stock based compensation under the 2006 Equity Compensation Plan and will vest over a five year period; one-third to vest on July 28, 2011, one-third to vest on July 28, 2012 and the remainder to vest on July 28, 2013. To date, zero shares have vested.
[F5]Through Company 401 (K) Matching Program.

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