Breitenstein Kurt 4
4 · Oritani Financial Corp · Filed Dec 2, 2019
Insider Transaction Report
Form 4
Breitenstein Kurt
EVP and CLO
Transactions
- Disposition to Issuer
Common Stock
2019-12-01−8,704→ 0 total - Disposition to Issuer
Stock Options
2019-12-01−30,000→ 0 totalExercise: $15.40From: 2019-04-12Exp: 2028-04-12→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Options
2019-12-01−20,000→ 0 totalExercise: $15.65From: 2017-10-03Exp: 2026-10-03→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Each share of common stock of the Issuer was converted into and became exchangeable for the right to receive 1.6 shares of Valley National Bancorp ("Valley") common stock. Unvested shares of restricted stock will continue to vest under their original terms.
- [F2]Stock options have been converted Valley stock options at the time of the merger, based on the merger exchange ratio of 1.6-for-one. Unvested stock options will continue to vest under their original terms.