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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
723458	State Bancorp Inc	STBC	State Commercial Banks (6022)	112846511

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1381048	M Thomas Obrien	C/O State Bank Of Long Island 2 Jericho Plaza Jericho NY 11753	President & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
State Bancorp, Inc. Common Stock	Acquisiton	2010-02-08	15,160	$7.15	280,914	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
State Bancorp, Inc. Common Stock	2,255	Indirect	Through ESOP
State Bancorp, Inc. Common Stock	156	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Stbc Common Stock	Non-qualified stock option	$17.84	2006-11-06	2016-11-06	164,745	164,745	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2016-11-06	164,745	164,745	Direct

Footnotes

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 after the expiration of year three; one-third to vest after the expiration of year four; and the remainder to vest after the expiration of year five. To date, zero shares have vested.
Total also includes 83,612 shares of restricted stock granted in consideration for the reproting 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, 54,353 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, 98,847 shares have vested.