SEC Form 4 · accession 0001562180-17-000326
ASTORIA FINANCIAL CORP · AF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert J DeStefano
Officer — Executive Vice President
Period of report
Jan 19, 2017
Accepted (ET)
Jan 23, 2017 · 5:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910322
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 19, 2017 | J | 24,680 | $18.58 | D | 29,333 | I | 401(k) |
| Common Stock | holding | — | — | — | 70,380 | D | ||
| Common StockF2 | holding | — | — | — | 3,530 | I | RSA | |
| Common StockF3 | holding | — | — | — | 14,960 | I | RSA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares held in the Employer Stock Fund of the Astoria Incentive Plan ("401(k) Plan") for the account of Mr. DeStefano as of January 19, 2017. Shares were held in the 401(k) Plan Trust. Shares were sold on January 19, 2017. Transaction occurred pursuant to a Qualified Domestic Relations Order (QDRO).
- F2Represents award of restricted stock dated April 27, 2015 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2014 Plan). The shares of restricted stock will vest as follows: 3,530 shares on December 14, 2017 or if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2014 Plan) or pursuant to the terms of his employment agreements with the Company and Astoria Bank (the Bank) upon his termination of employment by the Company or the Bank prior to the end of the term of such employment agreements without Cause, as defined therein.
- F3Represents award of restricted stock dated February 1, 2016 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2014 Plan). The shares of restricted stock will vest as follows: 7,480 shares on December 14, 2017 and 7,480 shares on December 14, 2018 or if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2014 Plan) or pursuant to the terms of his employment agreements with the Company and Astoria Bank (the Bank) upon his termination of employment by the Company or the Bank prior to the end of the term of such employment agreements without Cause, as defined therein.