UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported)
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March 15, 2007 |
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Commission File Number:
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1-5273-1 |
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Sterling Bancorp
(Exact name of Registrant as specified in its charter)
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| New York
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13-2565216 |
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(State of other jurisdiction
of incorporation)
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(IRS Employer
Identification No.) |
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| 650 Fifth Avenue, New York, New York
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10019-6108 |
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| (Address of principal executive offices)
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(Zip Code) |
(212) 757- 3300
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)
ITEM 5.02.
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN
OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
(e) On March 15, 2007, the Board of Directors approved increasing the salary of Howard M.
Applebaum (Senior Vice President of Sterling Bancorp) to $290,000 in 2007, and the payment of cash
bonuses for the year ended December 31, 2006 in the amount of $65,500, $50,600 and $45,700,
respectively, to Mr. Applebaum, John W. Tietjen (Executive Vice President and Chief Financial
Officer of Sterling Bancorp) and Eliot S. Robinson (Executive Vice President of Sterling National
Bank).