0001026081-18-000010.txt : 20180316 0001026081-18-000010.hdr.sgml : 20180316 20180316100027 ACCESSION NUMBER: 0001026081-18-000010 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180316 DATE AS OF CHANGE: 20180316 GROUP MEMBERS: BROAD PARK INVESTORS LLC GROUP MEMBERS: CBPS LLC GROUP MEMBERS: CHEWY GOOEY COOKIES LP GROUP MEMBERS: JBRC I LLC GROUP MEMBERS: LAWRENCE SEIDMAN GROUP MEMBERS: LSBK06-08 LLC GROUP MEMBERS: SEIDMAN & ASSOCIATES LLC GROUP MEMBERS: SEIDMAN INVESTMENT PARTNERSHIP II LP GROUP MEMBERS: SEIDMAN INVESTMENT PARTNERSHIP III LP GROUP MEMBERS: SEIDMAN INVESTMENT PARTNERSHIP LP GROUP MEMBERS: VETERI PLACE CORP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Coastway Bancorp, Inc. CENTRAL INDEX KEY: 0001585023 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87977 FILM NUMBER: 18694440 BUSINESS ADDRESS: STREET 1: ONE COASTWAY PLAZA CITY: CRANSTON STATE: RI ZIP: 02910 BUSINESS PHONE: (401) 330-1600 MAIL ADDRESS: STREET 1: ONE COASTWAY PLAZA CITY: CRANSTON STATE: RI ZIP: 02910 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEIDMAN LAWRENCE B CENTRAL INDEX KEY: 0001026081 STATE OF INCORPORATION: NJ FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: LANIDEX CORPORATE PARK STREET 2: 100 LANIDEX PLAZA 1ST FL CITY: PARSIPPANY STATE: NJ ZIP: 07054 SC 13D/A 1 cwayschedule13damend1.htm COASTWAY BANCORP, INC. SCHEDULE 13D AMENDMENT NO. 1 mlvfschedule13d.htm
 

 
 
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
______________

SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. 1)

Coastway Bancorp, Inc.
(Name of Issuer)

Common Stock, $0.01 Par Value
(Title of Class of Securities)

190632109
(CUSIP Number)

LAWRENCE B. SEIDMAN
100 Lanidex Plaza, 1st Floor
Parsippany, New Jersey 07054
(973) 952-0405

STEVE WOLOSKY, ESQ.
OLSHAN FROME WOLOSKY LLP
1325 Avenue of the Americas
New York, New York 10019
(212) 451-2300
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

March 15, 2018
(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box .


 
CUSIP No. 190632109
    


1
NAME OF REPORTING PERSONS
 
Seidman and Associates, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                                (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
38,889
             
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
38,889
             
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON                    
 
38,889
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                                                      
 
0.89%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 

 
 
CUSIP No. 190632109
    


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
33,807
            
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
33,807
            
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
33,807
       
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.77%
 
14
TYPE OF REPORTING PERSON
 
PN
 

 

 
CUSIP No. 190632109
    


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership II, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
40,820
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
40,820
            
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
40,820
           
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.93%
 
14
TYPE OF REPORTING PERSON
 
PN


 
 
CUSIP No. 190632109
    


1
NAME OF REPORTING PERSONS
 
Seidman Investment Partnership III, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
9,656
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
   
    9,656
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 9,656 
         
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.22%
 
14
TYPE OF REPORTING PERSON
 
PN

 
CUSIP No. 190632109
    
 
 


1
NAME OF REPORTING PERSONS
 
LSBK06-08, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
    WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Florida
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
 22,913
          
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
          
    22,913
          
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
     22,913
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.52%
 
14
TYPE OF REPORTING PERSON
 
OO


 
CUSIP No. 190632109
    


1
NAME OF REPORTING PERSONS
 
Broad Park Investors, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x 
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
25,019
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
25,019
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
25,019
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
 0.57%
 
14
TYPE OF REPORTING PERSON
 
OO
 
 
 
 
 
CUSIP No. 190632109
    
 
1
NAME OF REPORTING PERSONS
 
    Chewy Gooey Cookies, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x 
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
6,928
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
6,928
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
6,928
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.16%
 
14
TYPE OF REPORTING PERSON
 
    PN
 
 
 
 
CUSIP No. 190632109
    
 
1
NAME OF REPORTING PERSONS
 
CBPS, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x  
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
25,119
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
25,119
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
25,119
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.57%
 
14
TYPE OF REPORTING PERSON
 
OO

 
 
 
 
CUSIP No. 190632109
    
1
NAME OF REPORTING PERSONS
 
Veteri Place Corporation
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*     (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
122,659
    
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
122,659
      
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
122,659
    
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
2.80%
 
14
TYPE OF REPORTING PERSON
 
CO
 
 
 
 
CUSIP No. 190632109
    
 
1
NAME OF REPORTING PERSONS
 
JBRC I, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (a) x
                          (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
              OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
    New Jersey
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
9,656
   
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
9,656
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 9,656
 
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
0.22%
 
14
TYPE OF REPORTING PERSON
 
            OO
 

 
 
 
CUSIP No. 190632109
    
 
1
NAME OF REPORTING PERSONS
 
Lawrence B. Seidman
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*   (a) x
                         (b)
3
SEC USE ONLY
 
4
SOURCE OF FUNDS
    OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
6
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
7
SOLE VOTING POWER
 
203,151
   
8
SHARED VOTING POWER
 
- 0 -
 
9
SOLE DISPOSITIVE POWER
 
203,151
    
10
SHARED DISPOSITIVE POWER
 
- 0 -
 
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
203,151
  
12
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
     4.63%
 
14
TYPE OF REPORTING PERSON
 
IN

 
 
The following constitutes Amendment No. 1 to the Schedule 13D filed by the undersigned (the “Amendment No. 1").  This Amendment No. 1 amends the Schedule 13D as specifically set forth. 
 
Item 3.
Source and Amount of Funds or Other Consideration.
 
The Shares purchased by the Reporting Persons were purchased with working capital (which may, at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases (unless otherwise noted), as set forth in Schedule B, which is incorporated by reference herein.  The aggregate purchase cost of the 203,151 Shares beneficially owned in the aggregate by the Reporting Persons is approximately $3,727,755, including brokerage commissions.
 
Item 5.
Interest in Securities of the Issuer.
 
The aggregate percentage of Shares reported owned by each Reporting Person is based upon 4,386,351 Shares outstanding, which is the total number of Shares outstanding as of March 1, 2018, as reported in the Issuer's 10-K filed with the Securities and Exchange Commission on March 12, 2018.  On March 15, 2018, the Reporting Persons sold 22,034 shares, reducing the Reporting Persons interest in the securities of the Issuer to below 5%, and therefore the Reporting Persons are not required to file additional Schedule 13D amendments.
 
A.  
SAL
 
(a)  
As of the close of business on March 15, 2018, SAL beneficially owned 38,889 Shares.
 
       Percentage: Approximately 0.89%.
 
(b)  
1. Sole power to vote or direct the vote: 38,889
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 38,889
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SAL during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
B.  
SIP
 
(a)  
As of the close of business on March 15, 2018, SIP beneficially owned 33,807 Shares.
 
                               Percentage: Approximately 0.77%.
 
(b)  
1. Sole power to vote or direct the vote: 33,807
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 33,807
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIP during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
 
CUSIP No. 190632109
 
 
C.  
SIPII
 
(a)  
As of the close of business on March 15, 2018, SIPII beneficially owned 40,820 Shares.
 
Percentage: Approximately 0.93%.
 
(b)  
1. Sole power to vote or direct the vote: 40,820
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 40,820
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIPII during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
D.  
SIPIII
 
(a)  
As of the close of business on March 15, 2018, SIPIII beneficially owned 9,656 Shares.
 
Percentage: Approximately 0.22%.
 
(b)  
1. Sole power to vote or direct the vote: 9,656
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 9,656
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by SIPIII during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
E.  
LSBK
 
(a)  
As of the close of business on March 15, 2018, LSBK beneficially owned 22,913 Shares.
 
Percentage: Approximately 0.52%.
 
(b)  
1. Sole power to vote or direct the vote: 22,913
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 22,913
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by LSBK during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
CUSIP No. 190632109
 
 
F.  
Broad Park
 
(a)  
As of the close of business on March 15, 2018, Broad Park beneficially owned 25,019 Shares.
 
Percentage: Approximately 0.57%.
 
(b)  
1. Sole power to vote or direct the vote: 25,019
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 25,019
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transactions in the Shares by Broad Park during the past 60 days are set forth in Schedule B and are incorporated herein by reference.
 
 
G.  
Chewy
 
(a)  
As of the close of business on March 15, 2018, Chewy beneficially owned 6,928 Shares.
 
Percentage: Approximately 0.16%.
 
(b)  
1. Sole power to vote or direct the vote: 6,928
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 6,928
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by Chewy during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
 
H.  
CBPS
 
(a)  
As of the close of business on March 15, 2018, CBPS beneficially owned 25,119 Shares.
 
Percentage: Approximately 0.57%.
 
(b)  
1. Sole power to vote or direct the vote: 25,119
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 25,119
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
The transaction in the Shares by CBPS during the past 60 days is set forth in Schedule B and is incorporated herein by reference.
 
CUSIP No. 190632109
 
 
I.  
Veteri
 
(a)  
Veteri, (i) as the general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 33,807 Shares owned by SIP and the 40,820 Shares owned by SIPII, and (ii) as the trading advisor of LSBK and CBPS, may be deemed the beneficial owner of the 22,913 Shares owned by LSBK and the 25,119 Shares owned by CBPS.  Accordingly, Veteri may be deemed the beneficial owner of an aggregate of 122,659 Shares.
 
Percentage: Approximately 2.80%.
 
(b)  
1. Sole power to vote or direct the vote: 122,659
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 122,659
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
Veteri has not entered into any transactions in the Shares during the past 60 days.  The transactions in the Shares by SIP, SIPII, LSBK and CBPS are set forth on Schedule B and incorporated herein by reference.
 
 
J.  
JBRC
 
(a)  
 JBRC, as the co-general partner of SIPIII, may be deemed the beneficial owner of the 9,656 Shares owned by SIPIII.
 
Percentage: Approximately 0.22%.
 
(b)  
1. Sole power to vote or direct the vote: 9,656
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 9,656
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
JBRC has not entered into any transactions in the Shares during the past 60 days.  The transaction in the Shares by SIPIII is set forth on Schedule B and is incorporated herein by reference.
 
 
CUSIP No. 190632109
 
 
K.  
Seidman
 
(a)  
Seidman, (i) as the manager of SAL, may be deemed the beneficial owner of the 38,889 Shares owned by SAL, (ii) as the sole officer of Veteri, the general partner of each of SIP and SIPII, may be deemed the beneficial owner of the 33,807 Shares owned by SIP and the 40,820 Shares owned by SIPII, (iii) as the managing member of JBRC I, LLC, the co-general partner of SIPIII, may be deemed the beneficial owner of the 9,656 Shares owned by SIPIII, (iv) as the sole officer of Veteri, the trading advisor of LSBK and CBPS, may be deemed the beneficial owner of the 22,913 Shares owned by LSBK and the 25,119 Shares owned by CBPS, and (v) as the investment manager for each of Broad Park and Chewy, may be deemed the beneficial owner of the 25,019 Shares owned by Broad Park, and the 6,928 Shares owned by Chewy.  Accordingly, Seidman may be deemed the beneficial owner of an aggregate of 203,151 Shares.  In the foregoing capacities, Seidman has sole and exclusive investment discretion and voting authority with respect to all such Shares.
 
Percentage: Approximately 4.63%.
 
(b)  
1. Sole power to vote or direct the vote: 203,151
 
2. Shared power to vote or direct the vote: 0
 
3. Sole power to dispose or direct the disposition: 203,151
 
4. Shared power to dispose or direct the disposition: 0
 
(c)  
Seidman has not entered into any transactions in the Shares during the past 60 days.  The transactions in the Shares during the past 60 days on behalf of SAL, SIP, SIPII, SIPIII, LSBK, Broad Park, Chewy and CBPS are set forth on Schedule B and are incorporated herein by reference.
 
        An aggregate of 203,151 Shares, constituting approximately 4.63% of the Shares outstanding, are reported by the
        Reporting Persons in this statement.
 
Each of the Reporting Persons, as a member of a “group” with the other Reporting Persons for purposes of Rule 13d-5(b)(1) of the Exchange Act, may be deemed to beneficially own the Shares owned by the other Reporting Persons.  The filing of this Schedule 13D shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 13(d) of the Exchange Act, the beneficial owner of any Shares he or it does not directly own.  Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that he or it does not directly own.
 
        To the best of the Reporting Persons’ knowledge, except as set forth in this Schedule 13D, none of the persons listed on
        Schedule A to the Schedule 13D beneficially owns any securities of the Issuer.
 
(d)  
No person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the Shares.
 
(e)  
The Reporting Persons ceased to be the beneficial owners of more than five percent of the Shares as of March 15, 2018.
 
 
Signature Page to Coastway Bancorp, Inc. Schedule 13D Amendment No. 1


SIGNATURES
 
After reasonable inquiry and to the best of his knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Dated:          March 16, 2018
SEIDMAN AND ASSOCIATES, L.L.C.
   
   
 
By:
 /ss/ Lawrence B. Seidman 
   
Lawrence B. Seidman
Manager


 
SEIDMAN INVESTMENT PARTNERSHIP, L.P.
   
 
By:
Veteri Place Corporation, its
General Partner
   
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President


 
SEIDMAN INVESTMENT PARTNERSHIP II, L.P.
   
 
By:
Veteri Place Corporation, its
General Partner
   
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President
 
 
 
SEIDMAN INVESTMENT PARTNERSHIP III, L.P.
     
 
By:
JBRC I, LLC, its
     Co-General Partner
   
   
 
By:
   /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Managing Member

 
 
LSBK06-08, L.L.C.
   
  By:
Veteri Place Corporation, its
Trading Advisor 
     
     
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President


 
BROAD PARK INVESTORS, L.L.C.
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Investment Manager

 
 
CHEWY GOOEY COOKIES, L.P.
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Investment Manager
 
 
 
CBPS, LLC
   
  By:
Veteri Place Corporation, its
Trading Advisor 
     
     
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President

 
 
VETERI PLACE CORPORATION
   
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
President

 
 
JBRC I, LLC
   
   
 
By:
  /ss/ Lawrence B. Seidman
   
Lawrence B. Seidman
Managing Member

 
   /ss/ Lawrence B. Seidman
 
LAWRENCE B. SEIDMAN

 
CUSIP No. 190632109
    
 
SCHEDULE B

 
Transactions in the Shares During the Past 60 Days
 
 
Entity
Transaction Date
Per Share*
  Cost
Proceeds
Shares
           
SAL
3/15/2018
-27.344
   75,305.15
-2754
           
SIP
3/15/2018
-27.344
  
75,305.15
-2754
           
SIPII
3/15/2018
-27.344
  
75,305.15
-2754
 
 
 
  
 
 
SIPIII
3/15/2018
-27.344
   75,305.15
-2754
           
LSBK
3/15/2018
-27.344
  
75,305.15
-2754
           
Broad Park  2/5/2018  21.715 21,715.00     1,000
Broad Park
3/15/2018
-27.344
  
75,305.15
-2754
 Total      21,715.00 75,305.15   -1754
           
Chewy
3/15/2018
-27.344
   75,359.85
-2756
           
CBPS
3/15/2018
-27.344
  
75,305.15
-2754
 
 
*Includes brokerage commission.