SEC Form 4 · accession 0001174947-16-002008
Magyar Bancorp, Inc. · MGYR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Ansari
Officer — EVP and CFO
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 3:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001337068
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 1, 2016 | P | 913 | $9.80 | A | 13,922 | I | By 401(k) Plan |
| Common Stock | holding | — | — | — | 1,745 | I | By spouse's IRA | |
| Common StockF1 | holding | — | — | — | 7,666 | I | By ESOP | |
| Common StockF2,F3 | holding | — | — | — | 23,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $14.61 | holding | — | — | — | Mar 1, 2008 | Mar 1, 2017 | Common Stock | 32,500 | 32,500 | D |
Explanation of responses
- F1Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F2Includes 3,000 shares of restricted stock that vests at a rate of 20% per year commencing on April 1, 2011.
- F3Includes 2,000 shares of restricted stock that vests at a rate of 20% per year commencing on April 1, 2012.