BUTTERFIELD ROBERT G 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Mar 15, 2013
Insider Transaction Report
Form 4
BUTTERFIELD ROBERT G
Section 16 Officer
Transactions
- Exercise/Conversion
Common Stock
2013-03-13+531→ 2,253 total - Tax Payment
Common Stock
2013-03-13$21.30/sh−213$4,537→ 2,040 total - Exercise/Conversion
Restricted Stock Unit
2013-03-13−531→ 1,592 totalExp: 2016-03-13→ Common Stock (531 underlying)
Holdings
- 162(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Represents the vesting of 531 restricted stock units and subsequent issuance of 318 shares of common stock effective March 13, 2013.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units are scheduled to vest 25% each year over the next 4 years on the grant's anniversary date, subject to the reporting person's continued employment with the Company on such date.