Filing Details

Accession Number:
0001144204-12-028196
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-11 19:49:30
Reporting Period:
2012-05-11
Filing Date:
2012-05-11
Accepted Time:
2012-05-11 19:49:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
910322 Astoria Financial Corp AF Savings Institution, Federally Chartered (6035) 113170868
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1538912 J Robert Destefano One Astoria Federal Plaza
Lake Success NY US 11042
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-05-11 27,748 $9.40 75,327 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 44,310 Indirect ESOP
Common Stock 24,965 Indirect 401(k)
Common Stock 8,800 Indirect RSA
Common Stock 8,548 Indirect RSA
Common Stock 8,610 Indirect RSA
Common Stock 7,712 Indirect RSA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Incentive Stock Option $18.00 2006-01-10 2012-12-17 5,554 5,554 Direct
Common Stock Non-Statutory Stock Option $24.40 2005-12-22 2013-12-16 4,098 4,098 Direct
Common Stock Non-Statutory Stock Option $24.40 2005-12-22 2013-12-16 27,102 27,102 Direct
Common Stock Non-Statutory Stock Option $26.63 2005-12-22 2014-12-14 3,754 3,754 Direct
Common Stock Non-Statutory Stock Option $26.63 2005-12-22 2014-12-14 40,346 40,346 Direct
Common Stock Non-Statutory Stock Option $29.02 2009-01-09 2012-12-20 27,100 27,100 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-12-17 5,554 5,554 Direct
2013-12-16 4,098 4,098 Direct
2013-12-16 27,102 27,102 Direct
2014-12-14 3,754 3,754 Direct
2014-12-14 40,346 40,346 Direct
2012-12-20 27,100 27,100 Direct
Footnotes
  1. Represents shares allocated to Mr. DeStefano's account under the Astoria Federal Savings and Loan Association Employee Stock Ownership Plan ("ESOP") as of March 31, 2012 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 Mr. DeStefano as of March 31, 2012. Shares are held in the 401(k) Plan Trust.
  3. Represents award of restricted stock dated January 28, 2008 pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation (the 2005 Plan). The restricted stock will vest on January 28, 2013 or, if earlier, upon the death, Disability or Change of Control (as such terms are defined in the 2005 Plan) or, pursuant to the terms of his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his 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 February 2, 2009 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: 4,274 shares on December 17, 2012 and 4,274 shares on December 16, 2013 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 his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his 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 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: 2,870 shares on December 14, 2012, 2,870 shares on December 16, 2013 and 2,870 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 his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his 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 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: 1,928 shares on December 14, 2012, 1,928 shares on December 16, 2013 , 1,928 shares on December 15, 2014, and 1,928 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 his employment agreements with the Company and Astoria Federal Savings and Loan Association (the Association), upon his 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 1999 Stock Option Plan for Officers and Employees of Astoria Financial Corporation, or the 1999 Plan.
  8. Options were granted pursuant to the 2003 Stock Option Plan for Officers and Employees of Astoria Financial Corporation, or the 2003 Plan.
  9. Options were granted pursuant to the 2005 Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation, or the 2005 Plan.
  10. This transaction was executed in multiple trades at prices ranging from $9.35 to $9.42. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.