SEC Form 4 · accession 0001209191-16-135161
Bancorp of New Jersey, Inc. · BKJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lori A Young
Officer — SVP, Retail Banking & HR
Period of report
Jul 21, 2016
Accepted (ET)
Aug 3, 2016 · 3:10 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 | $11.17 | Jul 21, 2016 | A | 3,600 | A | — | Jul 21, 2026 | Common Stock | 3,600 | 3,600 | D |
Explanation of responses
- F1The Option shall become exercisable if the Optionee remains in continuous service to the Company through the applicable vesting date as follows: one-third of the Option Shares on February 1, 2017, an additional one-third of the Option Shares will become exercisable on February 1, 2018, and the remaining one-third of the Option Shares will become exercisable on February 1, 2019.