SEC Form 4 · accession 0001562180-16-003926
ASTORIA FINANCIAL CORP · AF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 30, 2016 | J | 4,060 | $0.00 | D | 0 | I | RSA |
| Common StockF2 | Dec 30, 2016 | J | 7,660 | $0.00 | D | 0 | I | RSA |
| Common StockF3 | Dec 30, 2016 | J | 13,900 | $0.00 | D | 0 | I | RSU |
| Common StockF4 | Dec 30, 2016 | J | 12,200 | $0.00 | D | 0 | I | RSU |
| Common StockF5 | holding | — | — | — | 8,159 | I | 401(k) | |
| Common Stock | holding | — | — | — | 47,568 | D |
Table II — derivative securities
Explanation of responses
- F1Represents cancellation of restricted stock awarded April 27, 2015 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2014 Plan). The cancellation was in accordance with the terms and conditions of the 2014 Plan and resulted from resulted from the termination of Mr. Sipola's employment with Astoria Bank and Astoria Financial Corporation.
- F2Represents cancellation of restricted stock awarded February 1, 2016 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2014 Plan). The cancellation was in accordance with the terms and conditions of the 2014 Plan and resulted from the termination of Mr. Sipola's employment with Astoria Bank and Astoria Financial Corporation.
- F3Represents cancellation of performance-based restricted stock awarded February 3, 2014 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The cancellation was in accordance with the terms and conditions of the 2005 Plan and resulted from the termination of Mr. Sipola's employment with Astoria Bank and Astoria Financial Corporation.
- F4Represents cancellation of performance-based restricted stock awarded April 27, 2015 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2014 Plan). The cancellation was in accordance with the terms and conditions of the 2014 Plan and resulted from the termination of Mr. Sipola's employment with Astoria Bank and Astoria Financial Corporation.
- F5Represents shares held in the Employer Stock Fund of the Astoria Bank 401(k) Plan for the account of Mr. Sipola as of December 30, 2016. Shares are held in the 401(k) Plan Trust.
Remarks
POWER OF ATTORNEY I hereby authorize and designate Monte N. Redman, Alan P. Eggleston, David J. DeBaun, Michele M. Weber, Theodore S. Ayvas, Frank E. Fusco, Yvonne Schade, Javier Evans, and Deborah J. Dusel, or any one of them acting as agent and attorney-in-fact, with full power of substitution, to: (1) prepare and sign on my behalf any Form 3, Form 4 or Form 5 pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, and file the same with the Securities Exchange Commission, NYSE, and each stock exchange on which Astoria Financial Corporation's common stock or other securities are listed, as required by law; (2) prepare and sign on my behalf any Form 144 pursuant to the Securities Act of 1933, as amended, and file the same with the Securities Exchange Commission, NYSE, and each stock exchange on which Astoria Financial Corporation's common stock or other securities are listed, as required by law; and (3) do anything else necessary or proper in connection with the foregoing. This Power of Attorney shall not be affected by my subsequent disability or incompetence. Date: August 24, 2016 Stephen J. Sipola