13D Filing: Seidman Investment Partnership and Coastway Bancorp Inc. (CWAY)

K.

Seidman

(a)

Seidman, (i) as the manager of SAL, may be deemed the beneficial owner of the 38,889 Shares owned by SAL, (ii) as the sole officer of Veteri, the general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 33,807 Shares owned by SIP and the 40,820 Shares owned by SIPII, (iii) as the managing member of JBRC I, LLC, the co-general partner of SIPIII, may be deemed the beneficial owner of the 9,656 Shares owned by SIPIII, (iv) as the sole officer of Veteri, the trading advisor of LSBK and CBPS, may be deemed the beneficial owner of the 22,913 Shares owned by LSBK and the 25,119 Shares owned by CBPS, and (v) as the investment manager for each of Broad Park and Chewy, may be deemed the beneficial owner of the 25,019 Shares owned by Broad Park, and the 6,928 Shares owned by Chewy.  Accordingly, Seidman may be deemed the beneficial owner of an aggregate of 203,151 Shares.  In the foregoing capacities, Seidman has sole and exclusive investment discretion and voting authority with respect to all such Shares.

(b)

1. Sole power to vote or direct the vote: 203,151

2. Shared power to vote or direct the vote: 0

3. Sole power to dispose or direct the disposition: 203,151

4. Shared power to dispose or direct the disposition: 0

(c)

Seidman has not entered into any transactions in the Shares during the past 60 days.  The transactions in the Shares during the past 60 days on behalf of SAL, SIP, SIPII, SIPIII, LSBK, Broad Park, Chewy and CBPS are set forth on Schedule B and are incorporated herein by reference.