Filing Details

Accession Number:
0001209191-17-058421
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-10-31 15:52:58
Reporting Period:
2017-10-23
Accepted Time:
2017-10-31 15:52:58
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
1232430 L Jack Kopnisky 400 Rella Boulevard
Montebello NY 10901
President & Ceo Yes Yes 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, $.01 Par Value Per Share Disposition 2017-10-23 4,223 $24.70 231,765 No 4 F Direct
Common Stock, $.01 Par Value Per Share Acquisiton 2017-10-30 54,100 $9.00 285,865 No 4 M Direct
Common Stock, $.01 Par Value Per Share Disposition 2017-10-30 54,100 $24.71 231,765 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non Qualified Stock Option (right to buy) Disposition 2017-10-30 20,767 $0.00 20,767 $9.00
Common Stock Employee Stock Option (Incentive Stock Option) Disposition 2017-10-30 33,333 $0.00 33,333 $9.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-11-20 No 4 M Direct
0 2022-11-20 No 4 M Direct
Footnotes
  1. Represents payment of tax liability due to vesting of time-based Restricted Stock Award.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.65 to $24.75 inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, 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 Footnote 2 to this Form 4.
  3. The option, representing a right to purchase a total of 20,767 shares, became exercisable in three equal annual installments beginning on 11/20/2013, which was the first anniversary of the date on which the option was granted.
  4. The option, representing a right to purchase a total of 33,333 shares, became exercisable in three equal annual installments beginning on 11/20/2013, which was the first anniversary of the date on which the option was granted.