SEC Form 4 · accession 0001225208-15-017669
Clifton Bancorp Inc. · CSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John H Peto
Director
Period of report
Aug 26, 2015
Accepted (ET)
Aug 28, 2015 · 5:15 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 | Aug 26, 2015 | M | 12,310 | $10.46 | A | 41,677 | D | |
| Common StockF1 | Aug 26, 2015 | S | 12,310 | $13.7634 | D | 29,367 | D | |
| Common Stock | Aug 27, 2015 | M | 15,207 | $10.46 | A | 44,574 | D | |
| Common StockF2 | Aug 27, 2015 | S | 15,207 | $13.6983 | D | 29,367 | D | |
| Common Stock | Aug 28, 2015 | M | 7,702 | $10.46 | A | 37,069 | D | |
| Common StockF3 | Aug 28, 2015 | S | 7,702 | $13.5802 | D | 29,367 | D | |
| Common Stock | holding | — | — | — | 7,343 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Statutory Stock OptionF4 | $10.46 | Aug 26, 2015 | M | 12,310 | D | Aug 31, 2005 | Aug 31, 2015 | Common Stock | 12,310 | 22,909 | D |
| Non-Statutory Stock OptionF4 | $10.46 | Aug 27, 2015 | M | 15,207 | D | Aug 31, 2005 | Aug 31, 2015 | Common Stock | 15,207 | 7,702 | D |
| Non-Statutory Stock OptionF4 | $10.46 | Aug 28, 2015 | M | 7,702 | D | Aug 31, 2005 | Aug 31, 2015 | Common Stock | 7,702 | 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 $13.71 to $13.78, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.57 to $13.75, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.51 to $13.6514, 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.
- F4Non-Statutory Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.