STERLING INFRASTRUCTURE, INC. — Director's Dealing 2020

Mar 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STERLING CONSTRUCTION CO INC (STRL)
CIK: 0000874238
Period of Report: 2020-03-03

Reporting Person: Chandler Richard E Jr (EVP, General Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Common Stock	A	7883	—	Acquired	65280	Direct
2020-03-03	Common Stock	F	1901	$14.68	Disposed	63379	Direct

Footnotes

F1: Represents shares earned in respect to performance-based stock units (PSUs) based on the Company's achievement of certain performance targets for the 2019-performance period, which were vested as shares of common stock.

F2: These 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.

F3: Of these shares, 34,873 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.