X0303 4 2010-12-21 0 0000723458 STATE BANCORP INC STBC 0001381048 OBrien Thomas M C/O STATE BANK OF LONG ISLAND 2 JERICHO PLAZA JERICHO NY 11753 1 1 0 0 President & CEO State Bancorp, Inc. Common Stock 2010-12-21 4 A 0 13766 9.08 A 364859 D State Bancorp, Inc. Common Stock 2010-12-21 4 A 0 17896 9.08 A 382755 D State Bancorp, Inc. Common Stock 3295.5564 I Through ESOP State Bancorp, Inc. Common Stock 159.4449 D Non-qualified stock option 17.84 2006-11-06 2016-11-06 STBC Common Stock 164745 164745 D Shares awarded to Mr. O'Brien as a cash equivalent incentive in settlement of his 2010 target incentive provided in Mr. O'Brien's Employment Agreement. The grant date fair market value of the award is $9.08 per share for a total of $125,000. The shares subject to this award are 100% vested on the date of grant. Total includes 10,061 shares acquired as restricted stock granted to Mr. O'Brien as part of his 2007 Incentive Compensation package. Shares vest over a five year period; one-third to vest March 25, 2011, one-third to vest on March 25, 2012 and the remainder to vest on March 25, 2013. To date, zero shares have vested. Total includes 83,612 shares of restricted stock granted in consideration for the reporting person's acceptance of employment with the issuer and execution of an Amended and Restated Employment Agreement dated December 10, 2007. The restricted shares vest in 20 equal quarterly installments commencing with the end of the first quarter in which employment commences subject to acceleration upon death, disability and termination without cause or termination by the reporting person with good reason. To date, 66,896 shares have vested. Shares of restricted stock granted as part of Mr. O'Brien's 2010 Incentive Compensation. The shares are granted under the Company's 2006 Equity Compensation Plan. Shares vest over a five year period; one-third to vest December 21, 2013, one-third to vest December 21, 2014 and the remainder to vest on December 21, 2015. To date, zero shares have vested. Through Company 401(K) Matching Program. These options are subject to a five year vesting schedule (20% the first year and 20% each of the following four years). To date, 131,796 shares have vested. Thomas M. O'Brien 2010-12-23