Sec Form 4 Filing - Callari Josie @ ASTORIA FINANCIAL CORP - 2014-02-13

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Callari Josie
2. Issuer Name and Ticker or Trading Symbol
ASTORIA FINANCIAL CORP [ AF]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last) (First) (Middle)
ONE ASTORIA FEDERAL PLAZA
3. Date of Earliest Transaction (MM/DD/YY)
02/13/2014
(Street)
LAKE SUCCESS, NYUS 11042
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 47,692.79 I ( 1 ) ESOP
Common Stock 8,224.91 I ( 2 ) 401(k)
Common Stock 2,920 I ( 3 ) RSA
Common Stock 4,316 I ( 4 ) RSA
Common Stock 9,220 I ( 5 ) RSA
Common Stock 10,980 I ( 6 ) RSA
Common Stock 02/13/2014 S 4,000 D $ 12.87 111,955.42 D ( 8 )
Common Stock 02/13/2014 S 2,000 D $ 12.93 109,955.42 D ( 8 )
Common Stock 02/13/2014 S 2,000 D $ 12.95 107,955.42 D ( 8 )
Common Stock 02/13/2014 S 3,458 D $ 13 104,497.42 D ( 8 )
Common Stock 02/13/2014 S 1,381 D $ 12.9901 103,116.42 D ( 8 )
Common Stock 02/14/2014 S 2,000 D $ 13.05 101,116.42 D ( 8 )
Common Stock 02/14/2014 S 1,620 D $ 13.1 99,496.42 D ( 8 )
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
Non-Statutory Stock Option ( 7 ) $ 26.6267 12/22/2005 12/14/2014 Common Stock 3,754 3,754 D
Non-Statutory Stock Option ( 7 ) $ 26.6267 12/22/2005 12/14/2014 Common Stock 43,196 43,196 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Callari Josie
ONE ASTORIA FEDERAL PLAZA
LAKE SUCCESS, NYUS 11042
Executive Vice President
Signatures
Josie Callari 02/18/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares allocated to Mrs. Callari's account under the Astoria Federal Savings and Loan Association Employee Stock Ownership Plan ("ESOP") as of December 31, 2013 and held in the ESOP Trust.
( 2 )Represents shares held in the Employer Stock Fund of the Astoria Incentive Savings Plan ("401(k) Plan") for the account of Mrs. Callari as of December 31, 2013. Shares are held in the 401(k) Plan Trust.
( 3 )Represents award of restricted stock dated February 1, 2010 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 2,920 shares on December 15, 2014 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of her employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon her termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
( 4 )Represents award of restricted stock dated January 31, 2011 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 2,158 shares on December 15, 2014, and 2,158 shares on December 14, 2015 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of her employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon her termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
( 5 )Represents award of restricted stock dated January 28, 2013 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 4,610 shares on December 15, 2014, and 4,610 shares on December 14, 2015 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of her employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon her termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
( 6 )Represents award of restricted stock dated February 3, 2014 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The shares of restricted stock will vest as follows: 3,660 shares on December 15, 2014, 3,660 shares on December 14, 2015, and 3,660 shares on December 14, 2016 or, if earlier, upon the death, Disability or Change in Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of her employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon her termination of employment by the Company or the Association prior to the end of the term of such employment agreements without Cause, as defined therein.
( 7 )Options were granted pursuant to the 2003 Stock Option Plan for Officers and Employees of Astoria Financial Corporation, or the 2003 Plan.
( 8 )Includes shares acquired pursuant to the Astoria Financial Corporation Automatic Dividend Reinvestment Stock Purchase Plan which are exempt from the operation of Section 16 of the Securities Exchange Act of 1934 and are beneficially owned directly by Mrs. Callari and son (Francesco).

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.