SEC Form 4 · accession 0001209191-16-115475
Bancorp of New Jersey, Inc. · BKJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nancy E Graves
Officer — President and CEO · Director
Period of report
Apr 21, 2016
Accepted (ET)
Apr 25, 2016 · 3:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001390312
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option to PurchaseF1 | $11.23 | Apr 21, 2016 | A | 30,000 | A | — | Apr 21, 2026 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Option shares will vest and become exercisable if the Optionee remains in continuous service to the Company through the applicable vesting date as follows: 10,000 vest and become exercisable on 04/21/2016 10,000 vest and become exercisable on 04/21/2017 10,000 vest and become exercisable on 04/21/2018 Upon Change of Control, all of the Option Shares become vested and exercisable