SEC Form 4 · accession 0001140361-16-057484
Oritani Financial Corp · ORIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A DeBernardi
Officer — EVP and COO · Director
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001483195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 9, 2016 | M | 5,082 | $10.43 | A | 290,343 | D | |
| Common StockF1 | Mar 9, 2016 | S | 400 | $17.00 | D | 289,943 | D | |
| Common StockF1 | Mar 9, 2016 | S | 2,000 | $17.01 | D | 287,943 | D | |
| Common StockF1 | Mar 9, 2016 | S | 1,800 | $17.02 | D | 286,143 | D | |
| Common StockF1 | Mar 9, 2016 | S | 500 | $17.03 | D | 285,643 | D | |
| Common StockF1 | Mar 9, 2016 | S | 100 | $17.045 | D | 285,543 | D | |
| Common StockF1 | Mar 9, 2016 | S | 282 | $17.05 | D | 285,261 | D | |
| Common StockF1 | Mar 10, 2016 | M | 74,861 | $10.43 | A | 360,122 | D | |
| Common StockF1 | Mar 10, 2016 | S | 1,200 | $16.93 | D | 358,922 | D | |
| Common StockF1 | Mar 10, 2016 | S | 300 | $16.94 | D | 358,622 | D | |
| Common StockF1 | Mar 10, 2016 | S | 27,253 | $16.95 | D | 331,369 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $16.955 | D | 331,269 | D | |
| Common StockF1 | Mar 10, 2016 | S | 8,670 | $16.96 | D | 322,599 | D | |
| Common StockF1 | Mar 10, 2016 | S | 8,180 | $16.97 | D | 314,419 | D | |
| Common StockF1 | Mar 10, 2016 | S | 8,819 | $16.98 | D | 305,600 | D | |
| Common StockF1 | Mar 10, 2016 | S | 9,100 | $16.99 | D | 296,500 | D | |
| Common StockF1 | Mar 10, 2016 | S | 400 | $16.995 | D | 296,100 | D | |
| Common StockF1 | Mar 10, 2016 | S | 9,439 | $17.00 | D | 286,661 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.005 | D | 286,561 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.01 | D | 286,461 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.02 | D | 286,361 | D | |
| Common StockF1 | Mar 10, 2016 | S | 69 | $17.03 | D | 286,292 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.04 | D | 286,192 | D | |
| Common StockF1 | Mar 10, 2016 | S | 31 | $17.05 | D | 286,161 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.07 | D | 286,061 | D | |
| Common StockF1 | Mar 10, 2016 | S | 100 | $17.08 | D | 285,961 | D | |
| Common StockF1 | Mar 10, 2016 | S | 200 | $17.09 | D | 285,761 | D | |
| Common StockF1 | Mar 10, 2016 | S | 500 | $17.10 | D | 285,261 | D | |
| Common StockF3 | holding | — | — | — | 25,982 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $10.43 | Mar 9, 2016 | M | 5,082 | D | May 5, 2009 | May 5, 2018 | Common Stock | 5,082 | 263,170 | D |
| Stock Options | $10.43 | Mar 10, 2016 | M | 74,861 | D | May 5, 2009 | May 5, 2018 | Common Stock | 74,861 | 188,309 | D |
| Stock OptionsF2 | $11.95 | holding | — | — | — | Aug 18, 2012 | Aug 18, 2021 | Common Stock | 455,000 | 455,000 | D |
Explanation of responses
- F1Includes shares of restricted stock which vest at a rate of 20% per year commencing on August 18, 2012.
- F2Stock options vest at a rate of 20% per year commencing on August 18, 2012.
- F3Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.