4//SEC Filing
REDMAN MONTE N 4
Accession 0001209191-17-055828
CIK 0001070154other
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 4:22 PM ET
Size
9.6 KB
Accession
0001209191-17-055828
Insider Transaction Report
Form 4
REDMAN MONTE N
Director
Transactions
- Award
Common Stock
2017-10-02+593,076.64→ 593,076.64 total - Award
Common Stock
2017-10-02+82,143.14→ 82,143.14 total(indirect: By 401(k)) - Award
Common Stock
2017-10-02+8,490.58→ 8,490.58 total(indirect: By Spouse)
Footnotes (4)
- [F1]Received pursuant to the merger agreement between Sterling Bancorp("Sterling") and Astoria Financial Corporation("Astoria"), dated March 6, 2017 (the "Merger Agreement"), pursuant to which Astoria was merged with and into Sterling on October 2, 2017 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, (i)each issued and outstanding share of Astoria's common stock converted into the right to receive 0.875 of a share of Sterling common stock and cash in lieu of fractional shares (the "Merger Consideration"), and (ii)each outstanding restricted stock award and restricted stock unit award fully vested and was cancelled and converted automatically into the right to receive the Merger Consideration in respect of each share of Astoria's common stock underlying such award, less applicable tax withholdings. On the Effective Date, the closing price of Astoria's common stock was $21.50 per share and the closing price of Sterling's common stock was $24.85 per share.
- [F2]Received in exchange for 677,801.87 shares of Astoria common stock pursuant to Astoria's merger with and into Sterling.
- [F3]Received in exchange for 93,877.87 shares of Astoria common stock pursuant to Astoria's merger with and into Sterling.
- [F4]Received in exchange for 9,703.52 shares of Astoria common stock pursuant to Astoria's merger with and into Sterling.
Documents
Issuer
STERLING BANCORP
CIK 0001070154
Entity typeother
Related Parties
1- filerCIK 0001210755
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 4:22 PM ET
- Size
- 9.6 KB