BUTTERFIELD ROBERT G 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Dec 18, 2012
Insider Transaction Report
Form 4
BUTTERFIELD ROBERT G
Section 16 Officer
Transactions
- Tax Payment
Common Stock
2012-12-14$20.10/sh−810$16,281→ 1,722 total - Exercise/Conversion
Restricted Stock Unit
2012-12-14−2,392→ 2,391 totalExp: 2013-12-14→ Common Stock (2,392 underlying) - Exercise/Conversion
Common Stock
2012-12-14+2,392→ 2,532 total
Holdings
- 156(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Represents the vesting and settlement of 2,392 shares of common stock pursuant to a restricted stock unit vest on December 14, 2012.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock. 25% of the restricted stock units vest immediately upon grant (December 14, 2010), 25% of the restricted stock units are scheduled to vest each year over the next 3 years on the grant's anniversary date (totaling 75% over the 3 year time period), subject to the reporting person's continued employment with the Company on such date.