Home/Filings/4/0001562180-17-003120
4//SEC Filing

Callari Josie 4

Accession 0001562180-17-003120

CIK 0000910322other

Filed

Oct 2, 8:00 PM ET

Accepted

Oct 3, 10:05 AM ET

Size

18.1 KB

Accession

0001562180-17-003120

Insider Transaction Report

Form 4
Period: 2017-10-02
Callari Josie
Executive Vice President
Transactions
  • Disposition to Issuer

    Common Stock

    2017-10-0215,5400 total(indirect: RSA)
  • Disposition to Issuer

    Common Stock

    2017-10-0253,411.250 total(indirect: By 401(k))
  • Disposition to Issuer

    Common Stock

    2017-10-023,6600 total(indirect: RSA)
  • Disposition to Issuer

    Common Stock

    2017-10-0211,0000 total(indirect: RSU)
  • Disposition to Issuer

    Common Stock

    2017-10-0217,3100 total(indirect: RSA)
  • Disposition to Issuer

    Common Stock

    2017-10-0278,843.820 total
Footnotes (8)
  • [F1]Disposed of pursuant to the merger agreement between the Issuer and Sterling Bancorp ("Sterling"), dated March 6, 2017 (the "Merger Agreement"), pursuant to which the Issuer was merged with and into Sterling on October 2, 2017 (the "Effective Time"). Pursuant to the Merger Agreement, as of the Effective Time, (i) each issued and outstanding share of the Issuer's common stock was converted into the right to receive 0.875 of a share of Sterling common stock and cash in lieu of fractional shares (the "Merger Consideration"), and (ii) each outstanding restricted stock award and restricted stock unit award fully vested and was cancelled and converted automatically into the right to receive the Merger Consideration in respect of each share of the Issuer's common stock underlying such award, less applicable tax withholdings.
  • [F2]As of the Effective Time, the Sterling common stock had a market value of $24.85 per share. As a result of the merger, the Reporting Person no longer beneficially owns directly or indirectly any shares of the Issuer's common stock.
  • [F3]Represents award of restricted stock units dated April 27, 2015 pursuant to the 2014 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the "2014 Plan").
  • [F4]Represents award of restricted stock dated April 27, 2015 pursuant to the 2014 Plan.
  • [F5]Represents award of restricted stock dated February 1, 2016 pursuant to the 2014 Plan.
  • [F6]Represents award of restricted stock dated March 22, 2017 pursuant to the 2014 Plan.
  • [F7]Includes shares acquired pursuant to the Astoria Financial Corporation Automatic Dividend Reinvestment Stock Purchase Plan which are exempt from the operation of Section 16 of the Securities Exchange Act of 1934 and are beneficially owned directly by Mrs. Callari and son (Francesco).
  • [F8]Represents shares held in the Employer Stock Fund of the Astoria Bank 401(k) Plan for the account of the Reporting Person as of October 2, 2017.

Issuer

ASTORIA FINANCIAL CORP

CIK 0000910322

Entity typeother

Related Parties

1
  • filerCIK 0001538911

Filing Metadata

Form type
4
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 10:05 AM ET
Size
18.1 KB