SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GIORDANO ANTHONY III

(Last)

(First)

(Middle)

C/O CENTRAL JERSEY BANCORP

1903 HIGHWAY 35

(Street)

OAKHURST

07755

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CENTRAL JERSEY BANCORP [ CJBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior EVP, CFO and Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/23/2010

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value	08/23/2010		M		13,510	A	$3.18	13,510	D
Common Stock, $.01 par value	08/23/2010		F		5,806	D	$7.4	7,704	D
Common Stock, $.01 par value								650	I⁽¹⁾	By IRA
Common Stock, $.01 par value								650	I⁽²⁾	By IRA
Common Stock, $.01 par value								2,756	I⁽³⁾	By SEP
Common Stock, $.01 par value								16,138	I⁽⁴⁾	By 401(k)
Common Stock, $.01 par value								2,401	I⁽⁵⁾	By IRA
Common Stock, $.01 par value								597	I⁽⁶⁾	By Son
Common Stock, $.01 par value								2,652	I⁽⁷⁾	By IRA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$3.18	08/23/2010		M			13,510	08/31/2000	08/31/2010	Common Stock, par value $.01 per share	13,510	$0	0	D

Explanation of Responses:

1. Shares held in an Education IRA for the benefit of Mr. Giordano's son, Andrew Giordano, as to which shares Mr. Giordano disclaims beneficial interest.

2. Shares held in an Education IRA for the benefit of Mr. Giordano's son, Anthony Giordano, IV, as to which shares Mr. Giordano disclaims beneficial interest.

3. These shares are held by Charles Schwab & Co. in a Simplified Employee Pension Plan account for the benefit of Mr. Giordano's spouse, as to which shares he disclaims any beneficial interest.

4. These shares are held pursuant to the Central Jersey Bank, N.A. 401(k) plan for the benefit of Mr. Giordano.

5. These shares are held by Charles Schwab & Co. in an Individual Retirement Account for the benefit of Mr. Giordano's spouse, as to which shares he disclaims any beneficial interest.

6. These shares are held by Mr. Giordano as custodian for his son under the Uniform Transfers to Minors Act, as to which shares he disclaims any beneficial interest.

7. These shares are held by Charles Schwab & Co. in an Individual Retirement Account for the benefit of Mr. Giordano.

	/s/ James S. Vaccaro as Attorney-in-Fact for Anthony Giordano, III	09/01/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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