X0306 4 2018-04-02 1 0001592329 Clifton Bancorp Inc. CSBK 0001245603 PIANO CHRISTINE R 1433 VAN HOUTEN AVENUE CLIFTON NJ 07015 1 EVP, CFO & Treasurer Common Stock 2018-04-02 4 D 0 54995.0000 0.0000 D 0.0000 D Common Stock 2018-04-02 4 D 0 1362.0000 0.0000 D 0.0000 I By 401(k) Common Stock 2018-04-02 4 D 0 44283.0000 0.0000 D 0.0000 I By ESOP Common Stock 2018-04-02 4 D 0 36848.0000 0.0000 D 0.0000 I By Stock Award Incentive Stock Option 13.8400 2018-04-02 4 D 0 21675.0000 0.0000 D 2016-09-02 2025-09-02 Common Stock 21675.0000 0.0000 D Non-Qualified Stock Option 13.8400 2018-04-02 4 D 0 49974.0000 0.0000 D 2016-09-02 2025-09-02 Common Stock 49974.0000 0.0000 D Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 1, 2017, by and among Kearny Financial Corp. ("Kearny") and Clifton Bancorp Inc. ("Clifton"). Clifton merged with and into Kearny, with Kearny continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Clifton common stock issued and outstanding immediately prior to such time was converted into the right to receive 1.191 shares of Kearny common stock. At the Effective Time, pursuant to the Agreement and Plan of Merger, dated as of November 1, 2017, by and among Kearny Financial Corp. and Clifton Bancorp Inc., all stock options were cancelled and the reporting person received a cash payment equal to $18.25 per share minus the applicable exercise price of such stock option multiplied by each stock option held. Aaron M. Kaslow, Power of Attorney 2018-04-03