4//SEC Filing
Smith Robert Stephen 4
Accession 0000891098-11-000027
CIK 0000891098other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 7:27 PM ET
Size
21.7 KB
Accession
0000891098-11-000027
Insider Transaction Report
Form 4
Smith Robert Stephen
EVP & Chief Credit Officer
Transactions
- Award
Sterling Bancshares, Inc. Common Stock, $1.00 par value
2011-07-28$7.73/sh+10,721$82,873→ 49,163 total - Tax Payment
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh−3,145$24,311→ 46,018 total - Tax Payment
Sterling Bancshares, Inc. Common Stock; $1.00 par value
2011-07-28$7.73/sh−3,372$26,066→ 42,646 total - Disposition to Issuer
Employee Stock Option
2011-07-28−10,000→ 0 totalExercise: $6.54From: 2009-04-01Exp: 2019-04-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−23,616→ 0 totalExercise: $5.60From: 2010-04-01Exp: 2020-04-01→ Common Stock (23,616 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−10,000→ 0 totalExercise: $5.13From: 2010-01-01Exp: 2020-01-01→ Common Stock (10,000 underlying) - Award
Sterling Bancshares, Inc. Common Stock, $1.00 par value
2011-07-28$7.73/sh+10,000$77,300→ 38,442 total - Disposition to Issuer
Sterling Bancshares, Inc. Common Stock; no par value
2011-07-28−42,646→ 0 total - Disposition to Issuer
Employee Stock Option
2011-07-28−2,000→ 0 totalExercise: $11.41From: 2007-10-01Exp: 2017-10-01→ Common Stock (2,000 underlying) - Disposition to Issuer
Employee Stock Option
2011-07-28−3,500→ 0 totalExercise: $9.94From: 2008-04-01Exp: 2018-04-01→ Common Stock (3,500 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 0001481480
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 7:27 PM ET
- Size
- 21.7 KB