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STERLING INFRASTRUCTURE, INC. — Director's Dealing 2014
Sep 26, 2014
30705_dirs_2014-09-26_8faa955c-bbe4-4889-a8f6-df1e8440eb13.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STERLING CONSTRUCTION CO INC (STRL)
CIK: 0000874238
Period of Report: 2014-09-25
Reporting Person: WRIGHT THOMAS R (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-25 | Common Stock | F | 912 | $7.46 | Disposed | 11500 | Direct |
Footnotes
F1: These shares were part of a restricted stock award, a portion of which was released from restrictions on September 25, 2014. The shares were retained by the Company at the election of the Reporting Person pursuant to a procedure approved by the Compensation Committee of the Board of Directors to satisfy the Company's tax withholding requirements (based on the closing price of the Company's common stock on the release date) arising from the release of restrictions as permitted by the plan pursuant to which the restricted stock award was made.
F2: Of these shares, 9,078 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.