BALLSCHMIEDE RONALD A 4
4 · STERLING INFRASTRUCTURE, INC. · Filed Mar 2, 2023
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2023-02-28+34,288→ 385,591 total - Tax Payment
Common Stock
2023-02-28$38.46/sh−13,568$521,825→ 372,023 total
Footnotes (3)
- [F1]Represents shares earned with respect to PSUs granted in 2020, 2021, and 2022 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, 26,749 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.