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    SEC Form S-8 POS filed by Sterling Bancorp

    2/1/22 5:25:03 PM ET
    $STL
    Major Banks
    Finance
    Get the next $STL alert in real time by email
    S-8 POS 1 ny20002371x18_s8pos.htm S-8 POS
    As filed with the Securities and Exchange Commission on February 1, 2022
    Registration No. 333-226007

     
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, DC 20549
     
    POST-EFFECTIVE AMENDMENT NO. 1
    TO
    FORM S-8 REGISTRATION STATEMENT NO. 333-226007
     
    UNDER THE SECURITIES ACT OF 1933


     
    STERLING BANCORP
    (WEBSTER FINANCIAL CORPORATION, AS SUCCESSOR BY MERGER TO STERLING BANCORP)
    (Exact Name of Registrant as Specified in its Charter)
     
     
    Delaware 80-0091851
    (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)
     
    c/o Webster Financial Corporation
    200 Elm Street
    Stamford, Connecticut  06902
    (Address of Principal Executive Offices) (Zip Code)
     
    Astoria Bank 401(k) Plan
    (Full title of the plan)
     
    John R. Ciulla
    President and Chief Executive Officer
    Webster Financial Corporation
    as successor by merger to Sterling Bancorp
    200 Elm Street
    Stamford, Connecticut  06902
    (Name and address of agent for service)
     
    (203) 578-2202
    (Telephone number, including area code, of agent for service)
     
    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.


    ☑ Large accelerated filer
    ☐ Accelerated filer
     

    ☐ Non-accelerated file
    ☐ Smaller reporting company
     
       
    ☐ Emerging growth company
     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐




    EXPLANATORY NOTE

    DEREGISTRATION OF SECURITIES

    This Post-Effective Amendment No. 1 to the following Registration Statement on Form S-8 (the “Prior Registration Statement”) is being filed by Sterling Bancorp (the “Registrant” or “Sterling”) to terminate all offerings under the Prior Registration Statement and to deregister any and all shares of common stock, par value $0.01 per share, of Sterling (“Shares”), together with any and all plan interests and other securities registered but unsold as of the date hereof thereunder (note that the share numbers listed below do not take into account any applicable corporate actions, such as stock splits, that may have been taken in the interim):
     

    •
    Registration Statement on Form S-8, File No. 333-226007, filed with the Securities and Exchange Commission on June 29, 2018, registering the offer and sale of 4,310,260 Shares pursuant to the Astoria Bank 401(k) Plan.
     
    On January 31, 2022, pursuant to the Agreement and Plan of Merger, dated as of April 18, 2021, by and between the Registrant and Webster Financial Corporation (“Webster”), the Registrant merged with and into Webster, with Webster continuing as the surviving corporation (the “Merger”).
     
    In connection with the Merger, the Registrant has terminated all offerings of its securities pursuant to the Prior Registration Statement.  Accordingly, pursuant to the undertakings made by the Registrant in the Prior Registration Statement to remove from registration, by means of a post-effective amendment, any of the securities that remain unsold at the termination of the offerings, this Post-Effective Amendment No. 1 hereby removes from registration all of such securities registered under the Prior Registration Statement that remain unsold as of the date of this Post-Effective Amendment No. 1.
     


     
    SIGNATURES
     
    Pursuant to the requirements of the Securities Act of 1933, as amended, Webster Financial Corporation, as successor by merger to Sterling Bancorp, certifies that it has reasonable grounds to believe that it meets all requirements for filing on Form S-8 and has duly caused this Post-Effective Amendment No. 1 to the Prior Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Stamford, State of Connecticut on February 1, 2022.
     
     
    WEBSTER FINANCIAL CORPORATION
    (as successor by merger to Sterling Bancorp)
     
     
     
     
     
    By:
    /s/ John R. Ciulla
        Name:
    John R. Ciulla
        Title:
    President and Chief Executive Officer
     
    No other person is required to sign this Post-Effective Amendment No. 1 to the Prior Registration Statement in reliance upon Rule 478 under the Securities Act of 1933, as amended.
     

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