SEC Form 4 · accession 0001127602-16-053341
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 23, 2016
Accepted (ET)
May 25, 2016 · 1:04 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 23, 2016 | X | 13,299 | $13.74 | A | 666,231 | D | |
| Common Stock | May 23, 2016 | S | 13,299 | $18.25 | D | 652,932 | D | |
| Common Stock | May 24, 2016 | X | 11,500 | $13.74 | A | 664,432 | D | |
| Common Stock | May 24, 2016 | S | 11,500 | $18.2648 | D | 652,932 | D | |
| Common Stock | holding | — | — | — | 0 | I | 401(k) Plan | |
| Common Stock | holding | — | — | — | 351,935 | I | Bmp | |
| Common Stock | holding | — | — | — | 60,940 | 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 | $13.74 | May 23, 2016 | X | 13,299 | D | Feb 1, 2008 | May 1, 2017 | Common Stock | 13,299 | 40,612 | D |
| Stock Options (Right to Buy)F1 | $13.74 | May 24, 2016 | X | 11,500 | D | Feb 1, 2008 | May 1, 2017 | Common Stock | 11,500 | 29,112 | D |
Explanation of responses
- F1Options vest in equal 1/4th annual installments on May 1, 2008, 2009, 2010 and 2011.