STERLING BANCORP 4
4 · STERLING BANCORP · Filed Nov 4, 2013
Insider Transaction Report
Form 4
APPLEBAUM HOWARD M
Commercial Finance Executive
Transactions
- Award
Common Stock
2013-10-31+51,195→ 109,165 total - Award
Employee Stock Option (right to buy)
2013-10-31$14.25/sh+12,625$179,906→ 12,625 totalExercise: $14.25From: 2012-03-15Exp: 2017-03-15→ Common Stock (12,625 underlying) - Award
Common Stock
2013-10-31+57,970→ 57,970 total - Award
Common Stock
2013-10-31+3,629→ 3,629 total(indirect: By 401(k)) - Award
Common Stock
2013-10-31+4,220→ 4,220 total(indirect: By IRA)
Footnotes (5)
- [F1]Received in exchange for 45,916 of shares of Sterling Bancorp common stock in connection with the merger of Sterling Bancorp into Provident New York Bancorp (the "Merger"). On the effective date of the Merger, the closing price of Sterling Bancorp's common stock was $14.75 per share, and the closing price of Provident New York Bancorp's common stock was $11.72 per share.
- [F2]Received in exchange for 3,343 of shares of Sterling Bancorp common stock in connection with the merger of Sterling Bancorp into Provident New York Bancorp (the "Merger"). On the effective date of the Merger, the closing price of Sterling Bancorp's common stock was $14.75 per share, and the closing price of Provident New York Bancorp's common stock was $11.72 per share.
- [F3]Received in exchange for 2,875 of shares of Sterling Bancorp common stock in connection with the merger of Sterling Bancorp into Provident New York Bancorp (the "Merger"). On the effective date of the Merger, the closing price of Sterling Bancorp's common stock was $14.75 per share, and the closing price of Provident New York Bancorp's common stock was $11.72 per share.
- [F4]Grant of Restricted Stock units subject to time-based vesting in three equal installments starting on 10/31/2014.
- [F5]Received in the Merger in exchange for an employee stock option to acquire 10,000 shares of Sterling Bancorp common stock for $17.99 per share.