Sec Form 4 Filing - Shaari Christopher @ Bancorp of New Jersey, Inc. - 2017-09-29

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
Shaari Christopher
2. Issuer Name and Ticker or Trading Symbol
Bancorp of New Jersey, Inc. [ BKJ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1365 PALISADE AVE.
3. Date of Earliest Transaction (MM/DD/YY)
09/29/2017
(Street)
FORT LEE, NJ07024
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 09/29/2017 M 10,000 A $ 10.95 10,052 ( 1 ) D
Common Stock 74,181.196 ( 2 ) ( 3 ) I Heights Partners LLC ( 4 )
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 Option $ 10.95 09/29/2017 M 10,000 08/02/2008 10/01/2017 Common Shares 10,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Shaari Christopher
1365 PALISADE AVE.
FORT LEE, NJ07024
X
Signatures
/s/ Jodi Ersalesi, Attorney In Fact 10/03/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Also includes 2 shares issued pursuant to the Bancorp of New Jersey, Inc., 5% stock dividend paid on August 1, 2017.
( 2 )Also includes 3532.438 shares issued pursuant to the Bancorp of New Jersey, Inc. 5% stock dividend paid on August 1, 2017.
( 3 )Includes 1043.6 shares received as part of Dividend Reinvestment at March 31, 2016, June 30, 2016 and September 30, 2016.
( 4 )Shares held in the name of Heights Partners LLC, of which Dr. Shaari and his wife are, collectively, sole owners. Dr. Shaari's wife's proportionate interest in the Bancorp of New Jersey, Inc.'s shares held by Heights Partners, LLC were reported separately in previous filings, but is now aggregated.

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).

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