SEC Form 4 · accession 0001127602-15-017926
DIME COMMUNITY BANCSHARES INC · DCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent F Palagiano
Officer — Chairman and CEO · Director
Period of report
May 18, 2015
Accepted (ET)
May 20, 2015 · 12:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005409
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | X | 30,000 | $15.10 | A | 682,932 | D | |
| Common Stock | May 18, 2015 | S | 30,000 | $16.1341 | D | 652,932 | D | |
| Common Stock | May 19, 2015 | X | 23,018 | $15.10 | A | 675,950 | D | |
| Common Stock | May 19, 2015 | S | 23,018 | $16.289 | D | 652,932 | D | |
| Common Stock | holding | — | — | — | 0 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 348,759 | I | Bmp | |
| Common Stock | holding | — | — | — | 60,112 | I | Esop | |
| Common Stock | holding | — | — | — | 0 | I | Restricted Stock Award |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F1 | $15.10 | May 18, 2015 | X | 30,000 | D | May 31, 2006 | May 31, 2015 | Common Stock | 30,000 | 87,580 | D |
| Stock Options (Right to Buy)F1 | $15.10 | May 19, 2015 | X | 23,018 | D | May 31, 2006 | May 31, 2015 | Common Stock | 23,018 | 64,562 | D |
Explanation of responses
- F1Options vest in equal annual installments on May 31, 2006, 2007, 2008 and 2009.