4//SEC Filing
Fusco Frank E 4
Accession 0001562180-17-003124
CIK 0000910322other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 10:06 AM ET
Size
19.5 KB
Accession
0001562180-17-003124
Insider Transaction Report
Form 4
Fusco Frank E
Exec VP, Treasurer & CFO
Transactions
- Disposition to Issuer
Common Stock
2017-10-02−26,000→ 0 total(indirect: RSU) - Disposition to Issuer
Common Stock
2017-10-02−34,040→ 0 total(indirect: RSA) - Disposition to Issuer
Common Stock
2017-10-02−58,854.7→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
2017-10-02−8,650→ 0 total(indirect: RSA) - Disposition to Issuer
Common Stock
2017-10-02−41,880→ 0 total(indirect: RSA) - Disposition to Issuer
Common Stock
2017-10-02−362,455→ 0 total - Disposition to Issuer
Common Stock
2017-10-02−1,200→ 0 total(indirect: By Spouse)
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]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.
- [F8]Shares are held by Mr. Fusco's spouse.
Issuer
ASTORIA FINANCIAL CORP
CIK 0000910322
Entity typeother
Related Parties
1- filerCIK 0001410082
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 10:06 AM ET
- Size
- 19.5 KB