Sec Form 4 Filing - Fields John M Jr @ Oritani Financial Corp - 2016-03-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Fields John M Jr
2. Issuer Name and Ticker or Trading Symbol
Oritani Financial Corp [ ORIT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP and CFO
(Last) (First) (Middle)
370 PASCACK ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/16/2016
(Street)
TOWNSHIP OF WASHINGTON, NJ07676
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 03/16/2016 M 91,779 A $ 10.43 364,580 ( 1 ) D
Common Stock 03/16/2016 S 15,995 D $ 16.7 348,585 ( 1 ) D
Common Stock 03/16/2016 S 444 D $ 16.705 348,141 ( 1 ) D
Common Stock 03/16/2016 S 4,352 D $ 16.71 343,789 ( 1 ) D
Common Stock 03/16/2016 S 277 D $ 16.715 343,512 ( 1 ) D
Common Stock 03/16/2016 S 400 D $ 16.7175 343,112 ( 1 ) D
Common Stock 03/16/2016 S 7,166 D $ 16.72 335,946 ( 1 ) D
Common Stock 03/16/2016 S 3,166 D $ 16.725 332,780 ( 1 ) D
Common Stock 03/16/2016 S 200 D $ 16.7275 332,580 ( 1 ) D
Common Stock 03/16/2016 S 8,696 D $ 16.73 323,884 ( 1 ) D
Common Stock 03/16/2016 S 2,043 D $ 16.735 321,841 ( 1 ) D
Common Stock 03/16/2016 S 300 D $ 16.7375 321,541 ( 1 ) D
Common Stock 03/16/2016 S 7,887 D $ 16.74 313,654 ( 1 ) D
Common Stock 03/16/2016 S 322 D $ 16.745 313,332 ( 1 ) D
Common Stock 03/16/2016 S 100 D $ 16.7475 313,232 ( 1 ) D
Common Stock 03/16/2016 S 4,399 D $ 16.75 308,833 ( 1 ) D
Common Stock 03/16/2016 S 1,046 D $ 16.755 307,787 ( 1 ) D
Common Stock 03/16/2016 S 100 D $ 16.7575 307,687 ( 1 ) D
Common Stock 03/16/2016 S 2,151 D $ 16.76 305,536 ( 1 ) D
Common Stock 03/16/2016 S 22 D $ 16.765 305,514 ( 1 ) D
Common Stock 03/16/2016 S 578 D $ 16.77 304,936 ( 1 ) D
Common Stock 03/16/2016 S 2,211 D $ 16.775 302,725 ( 1 ) D
Common Stock 03/16/2016 S 100 D $ 16.7775 302,625 ( 1 ) D
Common Stock 03/16/2016 S 1,358 D $ 16.78 302,167 ( 1 ) D
Common Stock 03/16/2016 S 300 D $ 16.785 300,967 ( 1 ) D
Common Stock 03/16/2016 S 200 D $ 16.7875 300,767 ( 1 ) D
Common Stock 451 I By Family
Common Stock 360 I By IRA
Common Stock 41,199 ( 3 ) I By ESOP
Common Stock 24,116 I By 401(k)
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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 03/16/2016 M 91,779 05/05/2009 05/05/2018 Common Stock 91,779 $ 0 157,304 D
Stock Options $ 11.95 08/18/2012 08/18/2021 Common Stock 455,000 ( 2 ) 455,000 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Fields John M Jr
370 PASCACK ROAD
TOWNSHIP OF WASHINGTON, NJ07676
EVP and CFO
Signatures
/s/ Marc P. Levy, pursuant to power of attorney 03/18/2016
Signature of Reporting Person Date
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.

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