SEC Form 4 · accession 0001225208-17-018208
Clifton Bancorp Inc. · CSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia Sisco
Director
Period of report
Nov 8, 2014
Accepted (ET)
Dec 5, 2017 · 3:59 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 | Dec 4, 2017 | M | 72,453 | $9.03 | A | 160,647 | D | |
| Common Stock | Dec 4, 2017 | M | 68,238 | $13.84 | A | 228,885 | D | |
| Common Stock | Dec 4, 2017 | F | 37,407 | $17.49 | D | 191,478 | D | |
| Common StockF1 | Dec 4, 2017 | D | 68,238 | $17.49 | D | 123,240 | D | |
| Common Stock | Nov 8, 2014 | G | 78,248 | $0.00 | A | 78,248 | I | By Trust |
| Common StockF1,F2 | holding | — | — | — | 16,377 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $9.03 | Dec 4, 2017 | M | 72,453 | D | May 26, 2011 | May 26, 2020 | Common Stock | 72,453 | 0 | D |
| Stock OptionF4 | $13.84 | Dec 4, 2017 | M | 68,238 | D | Sep 2, 2016 | Sep 2, 2025 | Common Stock | 68,238 | 0 | D |
Explanation of responses
- F1Since the reporting person's last report 10,918 shares previously held by Stock Award have vested and are now owned directly.
- F2Stock Awards granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.
- F3Non-Statutory Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.
- F4Stock Options granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.