SCHULTHEIS ANDREW J 4
4 · STERLING FINANCIAL CORP /WA/ · Filed May 1, 2013
Insider Transaction Report
Form 4
SCHULTHEIS ANDREW J
General Counsel
Transactions
- Award
Non-Qualified Stock Option
2013-04-29+6,304→ 6,304 totalExercise: $21.76From: 2014-04-29Exp: 2023-04-29→ Common Stock (6,304 underlying) - Award
Restricted Stock Unit
2013-04-29+6,617→ 6,617 total→ Common Stock (6,617 underlying)
Footnotes (2)
- [F1]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.
- [F2]Grant of nonqualified stock options scheduled to vest 25% each year over the next four years on the grant's anniversary date subject to the reporting person's continued service with the Company on such date. The award of nonqualified stock options are issued under and governed by the terms of Sterling's 2010 Long Term Incentive Plan.