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STERLING INFRASTRUCTURE, INC. Director's Dealing 2021

Mar 4, 2021

30705_dirs_2021-03-04_03e4f0fb-5b0d-40ed-b963-9b26daa51e9d.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: 2021-03-02

Reporting Person: CUTILLO JOSEPH A (Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-02 Common Stock A 361954 Acquired 682670 Direct
2021-03-02 Common Stock F 137281 $23.19 Disposed 545389 Direct

Footnotes

F1: Represents shares earned in respect to PSU's granted in 2018, 2019 and 2020 that have satisfied certain performance conditions.

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 unit award was made.

F3: Of these shares, 66,210 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances