0001104659-21-000802.txt : 20210105 0001104659-21-000802.hdr.sgml : 20210105 20210105140746 ACCESSION NUMBER: 0001104659-21-000802 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210101 FILED AS OF DATE: 20210105 DATE AS OF CHANGE: 20210105 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gallotta Steven E. CENTRAL INDEX KEY: 0001826510 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38290 FILM NUMBER: 21504839 MAIL ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Sterling Bancorp, Inc. CENTRAL INDEX KEY: 0001680379 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 382424834 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 BUSINESS PHONE: 248-351-3495 MAIL ADDRESS: STREET 1: ONE TOWNE SQUARE STREET 2: SUITE 1900 CITY: SOUTHFIELD STATE: MI ZIP: 48076 4 1 a4.xml 4 X0306 4 2021-01-01 0 0001680379 Sterling Bancorp, Inc. SBT 0001826510 Gallotta Steven E. C/O STERLING BANCORP, INC. ONE TOWNE SQUARE, SUITE 1900 SOUTHFIELD MI 48076 1 0 0 0 Common Stock 2021-01-01 4 A 0 7500 0.00 A 7500 D Represents award of restricted stock dated January 1, 2021 pursuant to the Sterling Bancorp, Inc. 2020 Omnibus Equity Incentive Plan ("Plan"). The shares of restricted stock will vest over a three-year period as follows: 2,475 shares on January 1, 2022, an additional 2,475 shares on January 1, 2023, and the remaining 2,550 shares on January 1, 2024 subject to continued Service on each such date, or, if earlier, upon death or Disability or a Change of Control, all as specified in the Plan. Exhibit List: Exhibit 24 - Power of Attorney. /s/ Steven E. Gallotta by Colleen Kimmel, attorney-in-fact 2021-01-05 EX-24 2 ex-24.htm EX-24

Exhibit 24

 

POWER OF ATTORNEY

 

KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints each of Colleen Kimmel and Stephen Huber, signing singly, his or her true and lawful attorney-in-fact to:

 

1.     execute for and on behalf of the undersigned, with respect to the undersigned’s position as a director and/or officer of Sterling Bancorp, Inc. (the “Company”), Form ID and Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;

 

2.     do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form ID or Forms 3, 4 or 5, complete and execute any amendment or amendments thereto, and timely file such form with the Unites States Securities and Exchange Commission and any stock exchange, stock market or similar authority; and

 

3.     take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, and in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion.

 

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact’s substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned’s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934.

 

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

 

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of January 4, 2021.

 

 

/s/ Steven E. Gallotta

 

Steven E. Gallotta