SEC Form 4 · accession 0001209191-17-054880
Bancorp of New Jersey, Inc. · BKJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Shaari
Director
Period of report
Sep 29, 2017
Accepted (ET)
Oct 3, 2017 · 1:34 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 29, 2017 | M | 10,000 | $10.95 | A | 10,052 | D | |
| Common StockF2,F3,F4 | holding | — | — | — | 74,181 | I | Heights Partners LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $10.95 | Sep 29, 2017 | M | 10,000 | D | Aug 2, 2008 | Oct 1, 2017 | Common Shares | 10,000 | 0 | D |
Explanation of responses
- F1Also includes 2 shares issued pursuant to the Bancorp of New Jersey, Inc., 5% stock dividend paid on August 1, 2017.
- F2Also includes 3532.438 shares issued pursuant to the Bancorp of New Jersey, Inc. 5% stock dividend paid on August 1, 2017.
- F3Includes 1043.6 shares received as part of Dividend Reinvestment at March 31, 2016, June 30, 2016 and September 30, 2016.
- F4Shares held in the name of Heights Partners LLC, of which Dr. Shaari and his wife are, collectively, sole owners. Dr. Shaari's wife's proportionate interest in the Bancorp of New Jersey, Inc.'s shares held by Heights Partners, LLC were reported separately in previous filings, but is now aggregated.