STERLING FINANCIAL CORP /WA/ 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Mar 11, 2014
Insider Transaction Report
Form 4
BUTTERFIELD ROBERT G
Section 16 Officer
Transactions
- Award
Restricted Stock Unit
2014-03-07+2,244→ 2,244 total→ Common Stock (2,244 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Sterling common stock.
- [F2]The restricted stock units are scheduled to vest 25% each year over the next 4 years with the first vesting event occurring on April 1, 2015, subject to the reporting person's continued employment with Sterling on such date. The award of restricted stock units are issued under and governed by the terms of Sterling's 2010 Long Term Incentive Plan.