4//SEC Filing
Goolsby James W Jr 4
Accession 0000891098-11-000025
CIK 0000891098other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 7:25 PM ET
Size
21.7 KB
Accession
0000891098-11-000025
Insider Transaction Report
Form 4
Goolsby James W Jr
E.V.P. & General Counsel
Transactions
- Award
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh+10,909$84,327→ 75,935 total - Tax Payment
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh−2,359$18,235→ 73,576 total - Disposition to Issuer
Sterling Bancshares, Inc. Common Stock; no par value
2011-07-28−70,145→ 0 total - Tax Payment
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh−3,431$26,522→ 70,145 total - Disposition to Issuer
Employee Stock Option
2011-07-28−2,500→ 0 totalExercise: $11.41From: 2007-10-01Exp: 2017-10-01→ Common Stock (2,500 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−8,000→ 0 totalExercise: $9.94From: 2008-04-01Exp: 2018-04-01→ Common Stock (8,000 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−24,030→ 0 totalExercise: $5.60From: 2010-04-01Exp: 2020-04-01→ Common Stock (24,030 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−8,453→ 0 totalExercise: $8.86From: 2002-02-22Exp: 2012-02-22→ Common Stock (8,453 underlying) - Award
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh+7,500$57,975→ 65,026 total - Disposition to Issuer
Employee Stock Option
2011-07-28−7,500→ 0 totalExercise: $6.54From: 2009-04-01Exp: 2019-04-01→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to merger agreement between issuer and Comerica Incorporated ("CMA"). For each share of SBIB common stock, the reporting person received .2365 of a share of CMA common stock having a market value of $32.68 per share on the effective date of the merger.
- [F2]The stock options were assumed by CMA in the merger. Each stock option was converted into the right to purchase .2365 of a share of CMA common stock, with a corresponding adjustment to the exercise price.
Documents
Issuer
STERLING BANCSHARES INC
CIK 0000891098
Entity typeother
Related Parties
1- filerCIK 0001453725
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 7:25 PM ET
- Size
- 21.7 KB