0001140361-18-006878.txt : 20180213 0001140361-18-006878.hdr.sgml : 20180213 20180213122119 ACCESSION NUMBER: 0001140361-18-006878 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180213 DATE AS OF CHANGE: 20180213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DIME COMMUNITY BANCSHARES INC CENTRAL INDEX KEY: 0001005409 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 113297463 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-48163 FILM NUMBER: 18601224 BUSINESS ADDRESS: STREET 1: 209 HAVEMEYER ST STREET 2: C/O DIME SAVINGS BANK OF WILLIAMSBURGH CITY: BROOKLYN STATE: NY ZIP: 11211 BUSINESS PHONE: 7187826200 MAIL ADDRESS: STREET 1: 209 HAVEMEYER STREET CITY: BROOKLYN STATE: NY ZIP: 11211 FORMER COMPANY: FORMER CONFORMED NAME: DIME COMMUNITY BANCORP INC DATE OF NAME CHANGE: 19951227 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DIME COMMUNITY BANCSHARES INC CENTRAL INDEX KEY: 0001005409 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 113297463 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 209 HAVEMEYER ST STREET 2: C/O DIME SAVINGS BANK OF WILLIAMSBURGH CITY: BROOKLYN STATE: NY ZIP: 11211 BUSINESS PHONE: 7187826200 MAIL ADDRESS: STREET 1: 209 HAVEMEYER STREET CITY: BROOKLYN STATE: NY ZIP: 11211 FORMER COMPANY: FORMER CONFORMED NAME: DIME COMMUNITY BANCORP INC DATE OF NAME CHANGE: 19951227 SC 13G/A 1 formsc13ga.htm SC 13G/A

SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
 
Dime Community Bancshares, Inc.
(Name of Issuer)

Common Stock, par value $.01 per share
(Title of Class of Securities)

253922-10-8
(CUSIP Number)

N/A
Date of Event which Requires Filing of this Statement
 
Check the appropriate box to designate the rule pursuant to which the Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)
 
Rule 13d-1(d)
 
*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 the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


CUSIP No. 253922-10-8
13G/A
Page 2 of 5 Pages
 
1
NAME OF REPORTING PERSON
 
 
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (VOLUNTARY)
 
 
Employee Stock Ownership Plan Trust of Dime Community Bancshares, Inc. and Certain Affiliates
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware Corporation's employee benefit plan organized in New York
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
0
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
 
0% of 37,419,070 shares of Common Stock outstanding as of December 31, 2017.
 
 
 
 
12
TYPE OF REPORTING PERSON*
 
 
OO
 
 
 
 
 

Page 3 of 5 Pages
 
 
Item 1(a)
 
     
Name of Issuer:
Dime Community Bancshares, Inc. ("Company")
     
 
Item 1(b)
 
     
Address of Issuer's Principal Executive Office:
300 Cadman Plaza West, 8th Floor
 
 
Brooklyn, NY 11201
 
     
 
Item 2(a)
 
     
Name of Person Filing:
Employee Stock Ownership Plan Trust of Dime Community Bancshares, Inc. and Certain Affiliates
     
 
Trustee:  Pentegra Asset Management
 
     
 
Item 2(b)
 
     
Address of Principal Business Office:
ESOP: 
Trustee:
 
300 Cadman Plaza West, 8th Floor
2 Enterprise Drive, Suite 408
 
Brooklyn, NY 11201
Shelton, CT  06484
     
 
Item 2(c)
 
     
Citizenship:
U.S.A.
 
     
 
Item 2(d)
 
     
Title of Class of Securities: 
Common Stock, par value $.01 per share ("Common Stock")
     
 
Item 2(e)
 
     
CUSIP Number:
253922-10-8
 
     
Item 3
 
 
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
(b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 

Page 4 of 5 Pages

Item 4
Ownership:

The following information with respect to the Plan's ownership of Common Stock is provided as of December 31, 2017.

(a)
Amount Beneficially Owned
00
(b)
Percent of Class
0%
(c)
Number of shares as to which such person has:
 
 
(i)
sole power to vote or to direct the vote
0
 
(ii)
shared power to vote or to direct the vote
0
 
(iii)
sole power to dispose or to direct disposition of
0
 
(iv)
shared power to dispose or to direct disposition of
0

The reporting person is an employee stock ownership plan (“ESOP”) under the Employee Retirement Income Security Act of 1974, as amended ("ERISA") with individual accounts for the accrued benefits of participating employees and their beneficiaries.  On June 30, 2017, the ESOP transferred all shares of Common Stock from the plan and merged into the Dime Community Bank KSOP.  As of July 1, 2017, there were no shares of Common Stock in the plan.
 
Item 5

Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Item 6

Ownership of More than Five Percent on Behalf of Another Person:

Not Applicable
 
Item 7

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:

Not applicable
 
Item 8

Identification and Classification of Members of the Group:

Not applicable
 
Item 9

Notice of Dissolution of Group

Not applicable
 

Page 5 of 5 Pages

Item 10

Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business, and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of such securities, and were not acquired and are not held in connection with or as a participant in any transaction having such purposes or effect.
 
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.

February 13, 2018
(Date)
 
Employee Stock Ownership Plan of Dime Community Bancshares, Inc. and Certain Affiliates

 By:
/s/ ANGELA K. FINLAY
 
 
Angela K. Finlay – Plan Administrator