Thomas M. OBrien - 19 May 2021 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Signature
/s/ Thomas M. O'Brien by Colleen Kimmel, attorney-in-fact
Issuer symbol
SBT
Transactions as of
19 May 2021
Transactions value $
$1,350,000
Form type
4
Filing time
21 May 2021, 10:45:42 UTC
Next filing
22 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBT Common Stock Award $1,350,000 +300,000 $4.5 300,000 19 May 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the purchase of 300,000 shares of common stock by Mr. O'Brien directly from Sterling Bancorp, Inc. pursuant to that certain Stock Purchase Agreement, dated June 1, 2020, by and between Mr. O'Brien, Sterling Bancorp, Inc. and Sterling Bank and Trust, F.S.B.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney