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4//SEC Filing

DeFazio Mark R 4

Accession 0001104659-24-030680

CIK 0001476034other

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 9:35 PM ET

Size

20.8 KB

Accession

0001104659-24-030680

Insider Transaction Report

Form 4
Period: 2024-02-29
DeFazio Mark R
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2024-02-29+20,800221,987 total
  • Tax Payment

    Common Stock

    2024-02-29$40.82/sh29,290$1,195,618192,697 total
  • Award

    Common Stock

    2024-03-01+12,156204,853 total
  • Award

    Common Stock

    2024-03-01+24,313229,166 total
  • Tax Payment

    Common Stock

    2024-03-01$38.00/sh12,972$492,936216,194 total
Holdings
  • Common Stock

    (indirect: By LLC)
    20,517
  • Common Stock

    (indirect: By 401(k))
    3,096
Footnotes (8)
  • [F1]On June 1, 2022, the Reporting Person was granted 20,800 restricted stock units (the "2022 RSUs") which were to vest, if at all, subject to the satisfaction of certain performance criteria. The performance criteria for the fiscal year ended December 31, 2023 were met, resulting in the vesting of the 2022 RSUs.
  • [F2]Includes restricted stock units granted on February 23, 2022 that vest at a rate of 33.3% per year commencing on March 1, 2023.
  • [F3]Includes restricted stock units granted on March 1, 2023 that vest at a rate of 33.3% per year commencing on March 1, 2024.
  • [F4]These shares of common stock were not sold in an open-market transaction.
  • [F5]Upon delivery to the Reporting Person of the shares of common stock underlying the 2022 RSUs as well as certain other shares of common stock that were previously disclosed as having vested, but which were delivered simultaneously with the shares underlying the 2022 RSUs, 29,290 shares were withheld by Metropolitan Bank Holding Corp. (the "Company") in respect of tax withholding obligations.
  • [F6]Restricted stock units granted on March 1, 2024 that vest at a rate of 33.3% per year commencing on March 1, 2025.
  • [F7]Restricted stock units granted on March 1, 2024 that vest 100% on March 1, 2025.
  • [F8]Upon delivery to the Reporting Person of certain shares of common stock that were previously disclosed as having been granted, 12,972 shares were withheld by the Company in respect of tax withholding obligations.

Issuer

Metropolitan Bank Holding Corp.

CIK 0001476034

Entity typeother

Related Parties

1
  • filerCIK 0001720742

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 9:35 PM ET
Size
20.8 KB