SEC Form 4 · accession 0001225208-16-025855
Clifton Bancorp Inc. · CSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul M Aguggia
Officer — Chairman, President & CEO · Director
Period of report
Feb 8, 2016
Accepted (ET)
Feb 9, 2016 · 12:23 pm EST
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 | Feb 8, 2016 | P | 3,300 | $13.92 | A | 28,300 | D | |
| Common Stock | Feb 8, 2016 | P | 1,200 | $13.91 | A | 29,500 | D | |
| Common Stock | Feb 8, 2016 | P | 400 | $13.9091 | A | 29,900 | D | |
| Common Stock | Feb 8, 2016 | P | 100 | $13.905 | A | 30,000 | D | |
| Common Stock | holding | — | — | — | 50,000 | I | By IRA | |
| Common Stock | holding | — | — | — | 16,685 | I | By SERP | |
| Common StockF1 | holding | — | — | — | 136,475 | I | By Stock Award |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionF2 | $13.84 | holding | — | — | — | Sep 2, 2016 | Sep 2, 2025 | Common Stock | 36,125 | 36,125 | D |
| Non-Qualified Stock OptionF3 | $13.84 | holding | — | — | — | Sep 2, 2016 | Sep 2, 2025 | Common Stock | 270,945 | 270,945 | D |
Explanation of responses
- F1Stock Awards granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.
- F2Incentive Stock Options granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.
- F3Non-Qualified Stock Options granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.