4//SEC Filing
Lesler Michael 4
Accession 0001225208-18-007197
CIK 0001592329other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 5:20 PM ET
Size
10.8 KB
Accession
0001225208-18-007197
Insider Transaction Report
Form 4
Lesler Michael
EVP & Chief Operating Officer
Transactions
- Disposition to Issuer
Incentive Stock Option
2018-04-02−6,715→ 0 totalExercise: $14.89From: 2017-04-06Exp: 2026-04-06→ Common Stock (6,715 underlying) - Disposition to Issuer
Common Stock
2018-04-02−4,907→ 0 total - Disposition to Issuer
Common Stock
2018-04-02−402→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Non-Qualified Stock Option
2018-04-02−3,285→ 0 totalExercise: $14.89From: 2017-04-06Exp: 2026-04-06→ Common Stock (3,285 underlying)
Footnotes (2)
- [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 wasconverted into the right to receive 1.191 shares of Kearny common stock.
- [F2]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 0001393132
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 5:20 PM ET
- Size
- 10.8 KB