4//SEC Filing
Nigro Thomas 4
Accession 0000723458-11-000055
CIK 0000723458other
Filed
Aug 2, 8:00 PM ET
Accepted
Aug 3, 2:41 PM ET
Size
8.4 KB
Accession
0000723458-11-000055
Insider Transaction Report
Form 4
Nigro Thomas
Director of Retail Banking
Transactions
- Tax Payment
State Bancorp, Inc. Common Stock
2011-07-28$13.12/sh−303$3,975→ 10,076 total
Holdings
- 2,297.46(indirect: Through ESOP)
State Bancorp, Inc. Common Stock
- 793.199
State Bancorp, Inc. Common Stock
Footnotes (6)
- [F1]Amount of shares applied with issuer's approval as payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. Original 2,500 shares of restricted stock were 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, 834 shares have vested.
- [F2]Total includes 3,879 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.
- [F3]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 Compenstion 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.
- [F4]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.
- [F5]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, 834 shares have vested, of which 303 shares were applied with issuer's approval as payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
- [F6]Through Company 401(K) Matching Program.
Documents
Issuer
STATE BANCORP INC
CIK 0000723458
Entity typeother
Related Parties
1- filerCIK 0001509324
Filing Metadata
- Form type
- 4
- Filed
- Aug 2, 8:00 PM ET
- Accepted
- Aug 3, 2:41 PM ET
- Size
- 8.4 KB