SEC Form 4 · accession 0001225208-15-007230
Clifton Bancorp Inc. · CSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A Hoogerhyde
Officer — EVP and CLO
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 3:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001592329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 6, 2015 | M | 28,682 | $10.46 | A | 60,514 | D | |
| Common StockF1 | Mar 6, 2015 | S | 28,682 | $13.3794 | D | 31,832 | D | |
| Common StockF2 | holding | — | — | — | 31,458 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF3 | $10.46 | Mar 6, 2015 | M | 28,682 | D | Aug 31, 2005 | Aug 31, 2015 | Common Stock | 28,682 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.33 to $13.47, inclusive. The reporting person undertakes to provide to Clifton Bancorp Inc., any security holder of Clifton Bancorp Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- F2This form reflects changes in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- F3Incentive Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.