STERLING INFRASTRUCTURE, INC. — Director's Dealing 2022

Jan 4, 2022

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: BALLSCHMIEDE RONALD A (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-31	Common Stock	F	7991	$26.30	Disposed	246329	Direct
2022-01-01	Common Stock	A	13664	—	Acquired	259993	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 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 aresatisfied.

F3: The total share ownership includes 1,254 shares acquired by the Reporting Person under the Company's 2019 Employee Stock Purchase Plan. Of the total share ownership, 31,950 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.