BEHAR HOWARD 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Apr 24, 2012
Insider Transaction Report
Form 4
BEHAR HOWARD
Director
Transactions
- Exercise/Conversion
Common Stock
2012-04-22+2,798→ 52,798 total - Exercise/Conversion
Restricted Stock Unit
2012-04-22−2,798→ 0 total→ Common Stock (2,798 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Sterling common stock. The restricted stock units are scheduled to become 100% vested after the first anniversary date of the grant (April 22, 2012) subject to the reporting person's continued service with the Company on such date.
- [F2]Represents the vesting of 2,798 restricted stock units and subsequent issuance of 2,798 shares of common stock effective April 22, 2012.