SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DeBernardi Michael A

(Last)

(First)

(Middle)

370 PASCACK ROAD

(Street)

TOWNSHIP OF WASHINGTON

07676

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Oritani Financial Corp [ ORIT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP and COO

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/09/2016		M		5,082	A	$10.43	290,343⁽¹⁾	D
Common Stock	03/09/2016		S		400	D	$17	289,943⁽¹⁾	D
Common Stock	03/09/2016		S		2,000	D	$17.01	287,943⁽¹⁾	D
Common Stock	03/09/2016		S		1,800	D	$17.02	286,143⁽¹⁾	D
Common Stock	03/09/2016		S		500	D	$17.03	285,643⁽¹⁾	D
Common Stock	03/09/2016		S		100	D	$17.045	285,543⁽¹⁾	D
Common Stock	03/09/2016		S		282	D	$17.05	285,261⁽¹⁾	D
Common Stock	03/10/2016		M		74,861	A	$10.43	360,122⁽¹⁾	D
Common Stock	03/10/2016		S		1,200	D	$16.93	358,922⁽¹⁾	D
Common Stock	03/10/2016		S		300	D	$16.94	358,622⁽¹⁾	D
Common Stock	03/10/2016		S		27,253	D	$16.95	331,369⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$16.955	331,269⁽¹⁾	D
Common Stock	03/10/2016		S		8,670	D	$16.96	322,599⁽¹⁾	D
Common Stock	03/10/2016		S		8,180	D	$16.97	314,419⁽¹⁾	D
Common Stock	03/10/2016		S		8,819	D	$16.98	305,600⁽¹⁾	D
Common Stock	03/10/2016		S		9,100	D	$16.99	296,500⁽¹⁾	D
Common Stock	03/10/2016		S		400	D	$16.995	296,100⁽¹⁾	D
Common Stock	03/10/2016		S		9,439	D	$17	286,661⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.005	286,561⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.01	286,461⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.02	286,361⁽¹⁾	D
Common Stock	03/10/2016		S		69	D	$17.03	286,292⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.04	286,192⁽¹⁾	D
Common Stock	03/10/2016		S		31	D	$17.05	286,161⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.07	286,061⁽¹⁾	D
Common Stock	03/10/2016		S		100	D	$17.08	285,961⁽¹⁾	D
Common Stock	03/10/2016		S		200	D	$17.09	285,761⁽¹⁾	D
Common Stock	03/10/2016		S		500	D	$17.1	285,261⁽¹⁾	D
Common Stock								25,982⁽³⁾	I	By ESOP

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Options	$10.43	03/09/2016		M			5,082	05/05/2009	05/05/2018	Common Stock	5,082	$0.00	263,170	D
Stock Options	$10.43	03/10/2016		M			74,861	05/05/2009	05/05/2018	Common Stock	74,861	$0.00	188,309	D
Stock Options	$11.95							08/18/2012	08/18/2021	Common Stock	455,000⁽²⁾		455,000	D

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.

	/s/ Marc P. Levy, pursuant to power of attorney	03/11/2016
	** Signature of Reporting Person	Date
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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