4//SEC Filing
Aguggia Paul M 4
Accession 0001225208-18-007193
CIK 0001592329other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:18 PM ET
Size
15.7 KB
Accession
0001225208-18-007193
Insider Transaction Report
Form 4
Aguggia Paul M
DirectorChairman, President & CEO
Transactions
- Disposition to Issuer
Common Stock
2018-04-02−10,347→ 0 total(indirect: By ESOP) - Disposition to Issuer
Common Stock
2018-04-02−84,630→ 0 total - Disposition to Issuer
Common Stock
2018-04-02−50,000→ 0 total(indirect: By IRA) - Disposition to Issuer
Incentive Stock Option
2018-04-02−21,675→ 0 totalExercise: $13.84From: 2016-09-02Exp: 2025-09-02→ Common Stock (21,675 underlying) - Disposition to Issuer
Common Stock
2018-04-02−33,782→ 0 total(indirect: By SERP) - Disposition to Issuer
Non-Qualified Stock Option
2018-04-02−162,567→ 0 totalExercise: $13.84From: 2016-09-02Exp: 2025-09-02→ Common Stock (162,567 underlying) - Disposition to Issuer
Common Stock
2018-04-02−81,885→ 0 total(indirect: By Stock Award)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 1, 2017, by and among Kearny Financial Corp. ("Kearny") and Clifton Bancorp Inc. ("Clifton"). Clifton merged with and into Kearny, with Kearny continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Clifton common stock issued and outstanding immediately prior to such time was converted into the right to receive 1.191 shares of Kearny common stock.
- [F2]The Amended and Restated Clifon Savings Bank Supplemental Executive Retirement Plan ("SERP") was terminated in connection with the Merger. Shares held by SERP were exchanged for a lump sum cash payment.
- [F3]At the Effective Time, pursuant to the Agreement and Plan of Merger, dated as of November 1, 2017, by and among Kearny Financial Corp. and Clifton Bancorp Inc., all stock options were cancelled and the reporting person received a cash payment equal to $18.25 per share minus the applicable exercise price of such stock option multiplied by each stock option held.
Documents
Issuer
Clifton Bancorp Inc.
CIK 0001592329
Entity typeother
Related Parties
1- filerCIK 0001596034
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:18 PM ET
- Size
- 15.7 KB