Pivirotto Charles J 4
4 · Clifton Bancorp Inc. · Filed Aug 28, 2017
Insider Transaction Report
Form 4
Pivirotto Charles J
Director
Transactions
- Exercise/Conversion
Common Stock
2017-08-24$9.03/sh+16,675$150,575→ 32,434 total - Sale
Common Stock
2017-08-24$15.28/sh−16,675$254,756→ 15,759 total - Exercise/Conversion
Common Stock
2017-08-25$9.03/sh+30,000$270,900→ 45,759 total - Exercise/Conversion
Stock Option
2017-08-25−30,000→ 0 totalExercise: $9.03From: 2011-05-26Exp: 2020-05-26→ Common Stock (30,000 underlying) - Sale
Common Stock
2017-08-25$15.68/sh−30,000$470,529→ 15,759 total - Exercise/Conversion
Stock Option
2017-08-24−16,675→ 30,000 totalExercise: $9.03From: 2011-05-26Exp: 2020-05-26→ Common Stock (16,675 underlying)
Holdings
- 68,238
Stock Option
Exercise: $13.84From: 2016-09-02Exp: 2025-09-02→ Common Stock (68,238 underlying) - 5,000(indirect: By 401(k))
Common Stock
- 21,836(indirect: By Stock Award)
Common Stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.23 to $15.41, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.36 to $15.85, 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.
- [F3]Stock Awards granted pursuant to the Clifton Bancorp Inc. 2015 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 2, 2016.
- [F4]Non-Statutory Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan are fully vested and exercisable.
- [F5]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.