AI assistant
STERLING INFRASTRUCTURE, INC. — Director's Dealing 2022
Jan 4, 2022
30705_dirs_2022-01-04_6885db46-8f1f-4cf2-88ff-2d069464a0f8.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STERLING CONSTRUCTION CO INC (STRL)
CIK: 0000874238
Period of Report: 2021-12-31
Reporting Person: CUTILLO JOSEPH A (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Common Stock | F | 23359 | $26.30 | Disposed | 534110 | Direct |
| 2022-01-01 | Common Stock | A | 47338 | — | Acquired | 581448 | Direct |
Footnotes
F1: 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.
F2: Represents the grant of time-vested restricted stock units that will vest in one-third increments on each of December 31, 2022 and the next two anniversaries thereof, provided the service conditions are satisfied.
F3: Of the total share ownership, 108,318 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.