SEC Form 4 · accession 0001209191-17-052635
Bancorp of New Jersey, Inc. · BKJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Blau
Director
Period of report
Sep 1, 2017
Accepted (ET)
Sep 13, 2017 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001390312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 1, 2017 | M | 21,000 | $10.95 | A | 37,129 | D | |
| Common Stock | Sep 8, 2017 | S | 100 | $17.25 | D | 37,029 | D | |
| Common Stock | Sep 9, 2017 | S | 1,000 | $17.50 | D | 36,029 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $10.95 | Sep 1, 2017 | M | 21,000 | D | Aug 1, 2008 | Oct 1, 2017 | Common Stock | 21,000 | 0 | D |
Explanation of responses
- F1Also includes 486 shares issued pursuant to the Bancorp of New Jersey, Inc., 5% stock dividend paid on August 1, 2017.
- F2The sale reported on this Form 4 was used by Mr. Blau to satisfy estimated personal income tax obligations with respect to the stock option exercise.
- F3Adjusted to reflect the Company 5% stock dividend paid on August 1, 2017.