SEC Form 4 · accession 0001140361-16-058033
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 16, 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 16, 2016 | S | 1,340 | $16.87 | D | 293,526 | D | |
| Common StockF1 | Mar 16, 2016 | S | 2,473 | $16.88 | D | 291,053 | D | |
| Common StockF1 | Mar 16, 2016 | S | 1,788 | $16.89 | D | 289,265 | D | |
| Common StockF1 | Mar 16, 2016 | S | 990 | $16.90 | D | 288,275 | D | |
| Common StockF1 | Mar 16, 2016 | S | 522 | $16.91 | D | 287,753 | D | |
| Common StockF1 | Mar 16, 2016 | S | 1,400 | $16.92 | D | 286,353 | D | |
| Common StockF1 | Mar 16, 2016 | S | 600 | $16.93 | D | 285,753 | D | |
| Common StockF1 | Mar 16, 2016 | S | 100 | $16.94 | D | 285,653 | D | |
| Common StockF1 | Mar 16, 2016 | S | 300 | $16.95 | D | 285,353 | D | |
| Common StockF1 | Mar 16, 2016 | S | 15 | $16.96 | D | 285,338 | D | |
| Common StockF1 | Mar 16, 2016 | S | 77 | $17.00 | 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 | holding | — | — | — | May 5, 2009 | May 5, 2018 | Common Stock | 19,170 | 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.