SEC Form 4 · accession 0001140361-16-058031
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 15, 2016
Accepted (ET)
Mar 16, 2016 · 4:14 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 15, 2016 | M | 20,045 | $10.43 | A | 305,306 | D | |
| Common StockF1 | Mar 15, 2016 | S | 2,400 | $16.84 | D | 302,906 | D | |
| Common StockF1 | Mar 15, 2016 | S | 2,447 | $16.85 | D | 300,459 | D | |
| Common StockF1 | Mar 15, 2016 | S | 1,211 | $16.86 | D | 299,248 | D | |
| Common StockF1 | Mar 15, 2016 | S | 700 | $16.87 | D | 298,548 | D | |
| Common StockF1 | Mar 15, 2016 | S | 1,453 | $16.88 | D | 297,095 | D | |
| Common StockF1 | Mar 15, 2016 | S | 1,410 | $16.89 | D | 295,685 | D | |
| Common StockF1 | Mar 15, 2016 | S | 600 | $16.90 | D | 295,085 | D | |
| Common StockF1 | Mar 15, 2016 | S | 800 | $16.91 | D | 294,285 | D | |
| Common StockF1 | Mar 15, 2016 | S | 880 | $16.92 | D | 293,405 | D | |
| Common StockF1 | Mar 15, 2016 | S | 500 | $16.93 | D | 292,905 | D | |
| Common StockF1 | Mar 15, 2016 | S | 720 | $16.94 | D | 292,185 | D | |
| Common StockF1 | Mar 15, 2016 | S | 1,260 | $16.95 | D | 290,925 | D | |
| Common StockF1 | Mar 15, 2016 | S | 2,333 | $16.96 | D | 288,592 | D | |
| Common StockF1 | Mar 15, 2016 | S | 1,221 | $16.97 | D | 287,371 | D | |
| Common StockF1 | Mar 15, 2016 | S | 600 | $16.98 | D | 286,771 | D | |
| Common StockF1 | Mar 15, 2016 | S | 500 | $16.99 | D | 286,271 | D | |
| Common StockF1 | Mar 15, 2016 | S | 470 | $17.00 | D | 285,801 | D | |
| Common StockF1 | Mar 15, 2016 | S | 430 | $17.01 | D | 285,371 | D | |
| Common StockF1 | Mar 15, 2016 | S | 105 | $17.02 | D | 285,266 | D | |
| Common StockF1 | Mar 15, 2016 | S | 5 | $17.03 | D | 285,261 | D | |
| Common StockF1 | Mar 16, 2016 | M | 16,373 | $10.43 | A | 301,634 | D | |
| Common StockF1 | Mar 16, 2016 | S | 407 | $16.80 | D | 301,227 | D | |
| Common StockF1 | Mar 16, 2016 | S | 1,191 | $16.81 | D | 300,036 | D | |
| Common StockF1 | Mar 16, 2016 | S | 900 | $16.82 | D | 299,136 | D | |
| Common StockF1 | Mar 16, 2016 | S | 1,010 | $16.83 | D | 298,126 | D | |
| Common StockF1 | Mar 16, 2016 | S | 400 | $16.84 | D | 297,726 | D | |
| Common StockF1 | Mar 16, 2016 | S | 300 | $16.85 | D | 297,426 | D | |
| Common StockF1 | Mar 16, 2016 | S | 2,560 | $16.86 | D | 294,886 | 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 15, 2016 | M | 20,045 | D | May 5, 2009 | May 5, 2018 | Common Stock | 20,045 | 35,543 | D |
| Stock Options | $10.43 | Mar 16, 2016 | M | 16,373 | D | May 5, 2009 | May 5, 2018 | Common Stock | 16,373 | 19,170 | 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.