Chandler Richard E Jr 4
4 · STERLING CONSTRUCTION CO INC · Filed Oct 29, 2019
Insider Transaction Report
Form 4
Chandler Richard E Jr
EVP, General Counsel & Sec
Transactions
- Tax Payment
Common Stock
2019-10-27$16.87/sh−2,029$34,229→ 46,017 total
Footnotes (2)
- [F1]These shares were part of a restricted stock award, made pursuant to the Company's Stock Incentive Plan, a portion of which was released on October 27, 2019. The shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Board of Directors to satisfy the Company's tax withholding requirements, based on the closing price of the Company's common stock on the release date as permitted by the Plan.
- [F2]Of these shares, 29,458 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.