Home/Filings/4/0001104659-23-081265
4//SEC Filing

DeFazio Mark R 4

Accession 0001104659-23-081265

CIK 0001476034other

Filed

Jul 13, 8:00 PM ET

Accepted

Jul 14, 4:50 PM ET

Size

17.4 KB

Accession

0001104659-23-081265

Insider Transaction Report

Form 4
Period: 2023-07-12
DeFazio Mark R
DirectorPresident and CEO
Transactions
  • Exercise/Conversion

    Common Stock

    2023-07-12$18.00/sh+220,200$3,963,600349,732 total
  • Tax Payment

    Common Stock

    2023-07-12$39.03/sh148,545$5,797,711201,187 total
  • Exercise/Conversion

    Employee Stock Options (right to buy)

    2023-07-1246,2000 total
    Exercise: $18.00Exp: 2023-10-22Common Stock (46,200 underlying)
  • Exercise/Conversion

    Employee Stock Options (right to buy)

    2023-07-1230,0000 total
    Exercise: $18.00Exp: 2024-03-18Common Stock (30,000 underlying)
  • Exercise/Conversion

    Employee Stock Options (right to buy)

    2023-07-1270,0000 total
    Exercise: $18.00Exp: 2025-06-01Common Stock (70,000 underlying)
  • Exercise/Conversion

    Employee Stock Options (right to buy)

    2023-07-1274,0000 total
    Exercise: $18.00Exp: 2023-12-02Common Stock (74,000 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    3,096
  • Common Stock

    (indirect: By LLC)
    20,517
Footnotes (7)
  • [F1]Reflects shares of Metropolitan Bank Holding Corp. (the "Company") common stock ("Common Stock") acquired by the Reporting Person through the cashless exercise of options to acquire 220,200 shares of Common Stock, pursuant to which 148,545 shares of Common Stock were withheld by the Company on the date of the exercise to pay the exercise price and tax withholding obligations, resulting in 71,655 shares of Common Stock being issued to the Reporting Person on a net basis.
  • [F2]Includes restricted stock units granted on February 24, 2021 that vest at a rate of 33.3% per year commencing on March 1, 2022.
  • [F3]Includes restricted stock units granted on February 23, 2022 that vest at a rate of 33.3% per year commencing on March 1, 2023.
  • [F4]Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.
  • [F5]Includes restricted stock units granted on March 1, 2023 that vest 100% on March 1, 2024.
  • [F6]These shares of Common Stock were not sold in an open-market transaction.
  • [F7]Fully vested and exercisable.

Issuer

Metropolitan Bank Holding Corp.

CIK 0001476034

Entity typeother

Related Parties

1
  • filerCIK 0001720742

Filing Metadata

Form type
4
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 4:50 PM ET
Size
17.4 KB