STERLING FINANCIAL CORP /WA/ 4
4 · STERLING FINANCIAL CORP /WA/ · Filed Mar 17, 2014
Insider Transaction Report
Form 4
DEPILLO DAVID S
Chief Credit Officer
Transactions
- Exercise/Conversion
Restricted Stock Unit
2014-03-13−6,557→ 2,185 total→ Common Stock (6,557 underlying) - Exercise/Conversion
Common Stock
2014-03-13+9,692→ 20,407 total - Exercise/Conversion
Common Stock
2014-03-13+6,557→ 17,116 total - Exercise/Conversion
Restricted Stock Unit
2014-03-13−9,692→ 19,385 total→ Common Stock (9,692 underlying) - Tax Payment
Common Stock
2014-03-13$33.03/sh−2,227$73,558→ 10,715 total - Tax Payment
Common Stock
2014-03-13$33.03/sh−3,291$108,702→ 17,116 total
Holdings
- 237,273(indirect: By Trust)
Common Stock
- 41(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]Represents the vesting and settlement of 9,692 shares of Sterling common stock pursuant to restricted stock units vested on March 13, 2014.
- [F2]Represents the vesting and settlement of 6,557 shares of Sterling common stock pursuant to restricted stock units vested on March 13, 2014.
- [F3]Each restricted stock unit represented a contingent right to receive one share of Sterling common stock originally granted on October 30, 2012. 25% of the restricted stock units vested on March 13, 2014. The remaining 50% is scheduled to vest on March 13, 2015.
- [F4]Each restricted stock unit represented a contingent right to receive one share of Sterling common stock originally granted on March 13, 2012. 75% of the restricted stock units vested on March 13, 2014. The remaining 25% of the restricted stock units are scheduled to vest on March 13, 2015.