Steven E. Gallotta - 01 Jan 2023 Form 4 Insider Report for Sterling Bancorp, Inc. (SBT)

Role
Director
Signature
/s/ Steven E. Gallotta by Elizabeth M. Keogh, attorney-in-fact
Issuer symbol
SBT
Transactions as of
01 Jan 2023
Transactions value $
$0
Form type
4
Filing time
03 Jan 2023, 11:49:24 UTC
Previous filing
04 Jan 2022
Next filing
05 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBT Common Stock Award $0 +7,500 +50% $0 22,500 01 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock dated January 1, 2023 pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan ("Plan"). The shares of restricted stock will vest over a three-year period as follows: 2,475 shares on January 1, 2024, an additional 2,475 shares on January 1, 2025, and the remaining 2,550 shares on January 1, 2026 subject to continued Service on each such date, or, if earlier, upon death or Disability or a Change of Control, all as specified in the Plan.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney.