SEC Form 4 · accession 0001567619-18-001923
Oritani Financial Corp · ORIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Judith Schumacher-Tilton
Director
Period of report
Aug 28, 2018
Accepted (ET)
Aug 30, 2018 · 1:35 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 | Aug 28, 2018 | A | 10,000 | $0.00 | A | 15,000 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | By Spouse | |
| Common Stock | holding | — | — | — | 5,899 | I | By Spouse LLC 1 | |
| Common Stock | holding | — | — | — | 1,000 | I | By Spouse LLC 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $16.15 | Aug 28, 2018 | A | 20,000 | A | Aug 28, 2019 | Aug 28, 2028 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Shares of restricted stock vest at a rate of 20% per year commencing on August 28, 2019.
- F2Stock options vest at a rate of 20% per year commencing on August 28, 2019.