X0303 5 2009-12-31 0 0 0 0000093451 STERLING BANCORP stl 0001238057 APPLEBAUM HOWARD M 650 FIFTH AVENUE NEW YORK NY 10019-6108 0 1 0 0 Senior Vice President Common Stock 36699 D Common Stock 2522 I By 401(k) Common Stock 3343 I By IRA Incentive Stock Option (right to buy) 14.6 2003-02-06 2012-02-06 Common Stock 18900 18900 D Non-qualified Stock Option (right to buy) 26.94 2005-12-19 2011-03-22 Common Stock 10500 10500 D Non-qualified Stock Option (right to buy) 17.99 2012-03-15 2017-03-15 Common Stock 10000 10000 D Options became exercisable in three installments on the first anniversary of the grant, for a term of 10 years from date of grant (first exercisable date listed.) On December 15, 2005 the Board of Directors voted to accelerate the vesting and exercisability of any outstanding unvested and unexercisable non-qualified stock options granted to officers on March 22, 2005 effective as of December 19, 2005; provided, however, that the transfer of shares acquired by such exercise is restricted until the date that the option would have been exercisable prior to such change. Such restrictions will expire as to 10% of the grant on the first anniversary of the date of the grant, an additional 15% of the grant on the second anniversary of the date of the grant, an additional 25% of the grant on the third anniversary of the date of the grant and the remaining 50% of the grant on the fourth anniversary of the grant. Non-qualified stock options become exercisable commencing on the fifth anniversary of the grant for a term of 10 years from grant date (first exercisable date listed.) Howard M. Applebaum 2010-01-20