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STERLING INFRASTRUCTURE, INC. — Director's Dealing 2020
Jan 3, 2020
30705_dirs_2020-01-03_9e18d993-8784-4493-947c-8b7f20828330.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: 2019-12-31
Reporting Person: BALLSCHMIEDE RONALD A (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-31 | Common Stock | F | 8881 | $14.08 | Disposed | 134352 | Direct |
Footnotes
F1: These shares were part of restricted stock awards, a portion of which were released on December 31, 2019 and January 1, 2020. 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: The total share ownership includes 1,876 shares acquired by the Reporting Person under the Company's 2019 Employee Stock Purchase Plan. Of the total share ownership, 34,463 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.