BALLSCHMIEDE RONALD A 4
4 · STERLING INFRASTRUCTURE, INC. · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2024-02-27$106.22/sh−10,974$1,165,658→ 289,460 total - Award
Common Stock
2024-02-27+28,464→ 300,434 total
Footnotes (3)
- [F1]Represents shares earned with respect to PSUs granted in 2021, 2022, and 2023 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 tax withholding 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, 17,328 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.