SEC Form 4 · accession 0001140361-16-057783
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 11, 2016
Accepted (ET)
Mar 15, 2016 · 2:43 pm EDT
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 11, 2016 | M | 84,057 | $10.43 | A | 369,318 | D | |
| Common StockF1 | Mar 11, 2016 | S | 100 | $16.94 | D | 369,218 | D | |
| Common StockF1 | Mar 11, 2016 | S | 300 | $16.96 | D | 368,918 | D | |
| Common StockF1 | Mar 11, 2016 | S | 200 | $16.97 | D | 368,718 | D | |
| Common StockF1 | Mar 11, 2016 | S | 500 | $16.98 | D | 368,218 | D | |
| Common StockF1 | Mar 11, 2016 | S | 700 | $16.99 | D | 367,518 | D | |
| Common StockF1 | Mar 11, 2016 | S | 25,909 | $17.00 | D | 341,609 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,400 | $17.0001 | D | 340,209 | D | |
| Common StockF1 | Mar 11, 2016 | S | 13,083 | $17.01 | D | 327,126 | D | |
| Common StockF1 | Mar 11, 2016 | S | 7,958 | $17.02 | D | 319,168 | D | |
| Common StockF1 | Mar 11, 2016 | S | 993 | $17.03 | D | 318,175 | D | |
| Common StockF1 | Mar 11, 2016 | S | 2,016 | $17.04 | D | 316,159 | D | |
| Common StockF1 | Mar 11, 2016 | S | 9,670 | $17.05 | D | 306,489 | D | |
| Common StockF1 | Mar 11, 2016 | S | 3,100 | $17.06 | D | 303,389 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,400 | $17.07 | D | 301,989 | D | |
| Common StockF1 | Mar 11, 2016 | S | 940 | $17.08 | D | 301,049 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,912 | $17.09 | D | 299,137 | D | |
| Common StockF1 | Mar 11, 2016 | S | 3,757 | $17.10 | D | 295,380 | D | |
| Common StockF1 | Mar 11, 2016 | S | 2,112 | $17.11 | D | 293,268 | D | |
| Common StockF1 | Mar 11, 2016 | S | 2,285 | $17.12 | D | 290,983 | D | |
| Common StockF1 | Mar 11, 2016 | S | 100 | $12.125 | D | 290,883 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,076 | $17.13 | D | 289,807 | D | |
| Common StockF1 | Mar 11, 2016 | S | 500 | $17.14 | D | 289,307 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,635 | $17.15 | D | 287,672 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1,110 | $17.16 | D | 286,562 | D | |
| Common StockF1 | Mar 11, 2016 | S | 600 | $17.17 | D | 285,962 | D | |
| Common StockF1 | Mar 11, 2016 | S | 100 | $17.18 | D | 285,862 | D | |
| Common StockF1 | Mar 11, 2016 | S | 1 | $17.19 | D | 285,861 | 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 11, 2016 | M | 84,057 | D | May 5, 2009 | May 5, 2018 | Common Stock | 84,057 | 104,252 | 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.