Filing Details

 

Bridge Bancorp, Inc.

Common Stock

108035106

Basswood Capital Management, L.L.C. 645 Madison Avenue, 10th Floor New York, NY 10022 Attn: Matthew Lindenbaum   With a copy to:   Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019 Attn: Michael A. Schwartz, Esq.

November 22, 2016

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The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This Amendment No. 2 to Schedule 13D (this “Amendment No. 2”) is being filed with respect to the common stock, par value $0.01 per share (the “Common Stock”), of Bridge Bancorp, Inc. (the “Issuer”), to amend the Schedule 13D filed on June 29, 2015 (as amended by Amendment No. 1 to Schedule 13D filed on June 28, 2016 and this Amendment No. 2, the “Schedule 13D”).

Item 3 of the Schedule 13D is hereby amended and restated in its entirety as set forth below:

Basswood Opportunity Partners, LP acquired 146,731 shares of Common Stock directly owned by it and Basswood Opportunity Fund, Inc. acquired 112,894 shares of Common Stock directly owned by it, upon conversion in the Merger (as defined in Item 4) of its shares of common stock of Community (as defined in Item 4). The additional 33,227 shares of Common Stock directly owned by Basswood Opportunity Partners, LP and 27,601 shares of Common Stock directly owned by Basswood Opportunity Fund, Inc. along with the 1,632,890 shares of Common Stock directly owned by the other Funds and managed accounts were acquired by expending an aggregate of $46,756,548 in cash (including commissions, if any) from their working capital.

Item 5(a), 5(b) and 5(c) of the Schedule 13D are amended to reflect the following:

(a) The beneficial ownership percentages in this Schedule 13D are calculated based upon the 19,094,800 shares of Common Stock reported in the Prospectus Supplement filed by the Issuer on November 23, 2016.

(b) By virtue of the relationships among the Reporting Persons, as described in this Schedule 13D, the Reporting Persons may be deemed to be a “group” under the Federal securities laws. If the Reporting Persons were deemed to be such a “group,” such group would collectively beneficially own 2,808,170 shares of Common Stock or 14.7%.  Each of the Reporting Persons disclaims voting and investment power over shares of the Common Stock, except as set forth on the cover pages of this Schedule 13D.

 (c) During the past sixty days, the Reporting Persons effected the transactions in the Common Stock that are listed on Annex I hereto, all of which were purchases of Common Stock in an underwritten public offering by the issuer.

 

 

 

 

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  November 23, 2016

 

 

[Signature Page to Amendment No. 2 to Bridge Bancorp 13D]

 

 

[Signature Page to Amendment No. 2 to Bridge Bancorp 13D]

 

 

[Signature Page to Amendment No. 2 to Bridge Bancorp 13D]

 

 

[Signature Page to Amendment No. 2 to Bridge Bancorp 13D]

 

 

 

 

 

Fund Name	Trade Date	Shares Purchased (Sold)	Price (Gross)
Basswood Opportunity Partners, LP	11/22/2016	33,227	$31.00
Basswood Opportunity Fund, Inc.	11/22/2016	27,061	$31.00
Basswood Financial Fund, LP	11/22/2016	52,583	$31.00
Basswood Financial Fund, Inc.	11/22/2016	12,868	$31.00
Basswood Enhanced Long Short Fund, LP	11/22/2016	489,304	$31.00
Basswood Financial Long Only Fund, LP	11/22/2016	10,351	$31.00
Basswood Managed Accounts	11/22/2016	137,873	$31.00
Basswood Managed Accounts	11/22/2016	1,774	$31.00
Basswood Managed Accounts	11/22/2016	34,959	$31.00