BALLSCHMIEDE RONALD A 4
4 · STERLING CONSTRUCTION CO INC · Filed Mar 3, 2022
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2022-03-01+140,604→ 400,597 total - Tax Payment
Common Stock
2022-03-01$28.12/sh−55,419$1,558,382→ 345,178 total
Footnotes (3)
- [F1]Represents shares earned in respect to PSU's granted in 2018, 2019, 2020, and 2021 that have satisfied certain performance conditions.
- [F2]These shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's taxwithholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock unit award was made.
- [F3]Of these shares, 31,950 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.