Filing Details

Accession Number:
0001225208-14-009749
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-04-02 17:31:30
Reporting Period:
2014-04-01
Filing Date:
2014-04-02
Accepted Time:
2014-04-02 16:31:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1592329 Clifton Bancorp Inc. CSBK Savings Institution, Federally Chartered (6035) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1390010 Cynthia Sisco 1433 Van Houten Avenue
Clifton NJ 07015
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-04-01 53,948 $0.00 53,948 No 4 J Direct
Common Stock Acquisiton 2014-04-01 20,000 $10.00 73,948 No 4 P Direct
Common Stock Acquisiton 2014-04-01 3,328 $0.00 3,328 No 4 J Indirect By Stock Award
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
No 4 J Indirect By Stock Award
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Acquisiton 2014-04-01 72,453 $0.00 72,453 $9.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,453 2011-05-26 2020-05-26 No 4 J Direct
Footnotes
  1. Pursuant to the Amended and Restated Plan of Conversion and Reorganization, each share of Clifton Savings Bancorp, Inc. common stock was exchanged for 0.9791 shares of Clifton Bancorp Inc. common stock.
  2. Stock Awards granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on May 26, 2011.
  3. Pursuant to the Amended and Restated Plan of Conversion and Reorganization, each option to purchase a share of Clifton Savings Bancorp, Inc. was converted into an option to purchase 0.9791 shares of Clifton Bancorp Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.9791 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
  4. Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan vest in five equal annual installments commencing on May 26, 2011.