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*
DeBernardi Michael A

(Last) (First) (Middle)
370 PASCACK ROAD

(Street)
TOWNSHIP OF WASHINGTON NJ 07676

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Oritani Financial Corp [ ORIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and COO
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2016
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)
Code V Amount (A) or (D) Price
Common Stock 03/09/2016 M 5,082 A $10.43 290,343(1) D
Common Stock 03/09/2016 S 400 D $17 289,943(1) D
Common Stock 03/09/2016 S 2,000 D $17.01 287,943(1) D
Common Stock 03/09/2016 S 1,800 D $17.02 286,143(1) D
Common Stock 03/09/2016 S 500 D $17.03 285,643(1) D
Common Stock 03/09/2016 S 100 D $17.045 285,543(1) D
Common Stock 03/09/2016 S 282 D $17.05 285,261(1) D
Common Stock 03/10/2016 M 74,861 A $10.43 360,122(1) D
Common Stock 03/10/2016 S 1,200 D $16.93 358,922(1) D
Common Stock 03/10/2016 S 300 D $16.94 358,622(1) D
Common Stock 03/10/2016 S 27,253 D $16.95 331,369(1) D
Common Stock 03/10/2016 S 100 D $16.955 331,269(1) D
Common Stock 03/10/2016 S 8,670 D $16.96 322,599(1) D
Common Stock 03/10/2016 S 8,180 D $16.97 314,419(1) D
Common Stock 03/10/2016 S 8,819 D $16.98 305,600(1) D
Common Stock 03/10/2016 S 9,100 D $16.99 296,500(1) D
Common Stock 03/10/2016 S 400 D $16.995 296,100(1) D
Common Stock 03/10/2016 S 9,439 D $17 286,661(1) D
Common Stock 03/10/2016 S 100 D $17.005 286,561(1) D
Common Stock 03/10/2016 S 100 D $17.01 286,461(1) D
Common Stock 03/10/2016 S 100 D $17.02 286,361(1) D
Common Stock 03/10/2016 S 69 D $17.03 286,292(1) D
Common Stock 03/10/2016 S 100 D $17.04 286,192(1) D
Common Stock 03/10/2016 S 31 D $17.05 286,161(1) D
Common Stock 03/10/2016 S 100 D $17.07 286,061(1) D
Common Stock 03/10/2016 S 100 D $17.08 285,961(1) D
Common Stock 03/10/2016 S 200 D $17.09 285,761(1) D
Common Stock 03/10/2016 S 500 D $17.1 285,261(1) D
Common Stock 25,982(3) I By ESOP
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $10.43 03/09/2016 M 5,082 05/05/2009 05/05/2018 Common Stock 5,082 $0.00 263,170 D
Stock Options $10.43 03/10/2016 M 74,861 05/05/2009 05/05/2018 Common Stock 74,861 $0.00 188,309 D
Stock Options $11.95 08/18/2012 08/18/2021 Common Stock 455,000(2) 455,000 D
Explanation of Responses:
1. Includes shares of restricted stock which vest at a rate of 20% per year commencing on August 18, 2012.
2. Stock options vest at a rate of 20% per year commencing on August 18, 2012.
3. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
/s/ Marc P. Levy, pursuant to power of attorney 03/11/2016
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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