STERLING FINANCIAL CORP /WA/ 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Mar 17, 2014
Insider Transaction Report
Form 4
BUTTERFIELD ROBERT G
Section 16 Officer
Transactions
- Exercise/Conversion
Common Stock
2014-03-13+531→ 4,131 total - Tax Payment
Common Stock
2014-03-13$33.03/sh−205$6,771→ 3,926 total - Exercise/Conversion
Restricted Stock Unit
2014-03-13−531→ 1,061 totalExp: 2016-03-13→ Common Stock (531 underlying)
Holdings
- 168(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Represents the vesting and settlement of 531 shares of Sterling common stock pursuant to restricted stock units vested on March 13, 2014.
- [F2]Each restricted stock unit represented a contingent right to receive one share of Sterling common stock originally granted on March 13, 2012. 25% of the restricted stock units vested on March 13, 2014. The remaining 50% of the restricted stock units are scheduled to vest 25% each year of the next two years on the grant anniversary date.