Filing Details

Accession Number:
0000899243-16-027974
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-23 21:50:10
Reporting Period:
2016-08-23
Filing Date:
2016-08-23
Accepted Time:
2016-08-23 21:50:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1070154 Sterling Bancorp STL National Commercial Banks (6021) 800091851
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1561111 F. James Deutsch 875 Texas Road
Easton PA 18042
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-08-23 170,540 $17.19 1,917,705 No 4 S Indirect By Patriot Financial Partners, L.P.
Common Stock Disposition 2016-08-23 29,460 $17.19 331,275 No 4 S Indirect By Patriot Financial Partners Parallel, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Patriot Financial Partners, L.P.
No 4 S Indirect By Patriot Financial Partners Parallel, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 500 Direct
Footnotes
  1. James F. Deutsch was appointed as a director of Provident New York Bancorp, predecessor to Sterling Bancorp, (the "Company") on November 7, 2012. The Form 3 filed on Mr. Deutsch's behalf on November 8, 2012 inadvertently failed to disclose that Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P. held 2,088,245 and 360,735 shares of the Company's common stock, respectively. Mr. Deutsch has been a Managing Partner of Patriot Financial Partners, L.P. since April of 2011. As a result, those shares held by Patriot Financial Partners, L.P. and Patriot Financial Partners Parallel, L.P., as reflected above, may be regarded as being beneficially owned by Mr. Deutsch. Mr. Deutsch disclaims beneficial ownership thereof except to the extent of his pecuniary interest therein.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.17 to $17.255, inclusive. The reporting person undertakes to provide to Sterling Bancorp, any security holder of Sterling Bancorp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.