0001567619-21-002355.txt : 20210205 0001567619-21-002355.hdr.sgml : 20210205 20210205215051 ACCESSION NUMBER: 0001567619-21-002355 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210201 FILED AS OF DATE: 20210205 DATE AS OF CHANGE: 20210205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BASSWOOD PARTNERS, L.L.C. CENTRAL INDEX KEY: 0001269758 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34096 FILM NUMBER: 21598352 BUSINESS ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-521-9500 MAIL ADDRESS: STREET 1: 645 MADISON AVENUE STREET 2: 10TH FL CITY: NEW YORK STATE: NY ZIP: 10022 FORMER NAME: FORMER CONFORMED NAME: BASSWOOD PARTNERS LLC DATE OF NAME CHANGE: 20031110 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Dime Community Bancshares, Inc. /NY/ CENTRAL INDEX KEY: 0000846617 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 112934195 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2200 MONTAUK HGWAY CITY: BRIDGEHAMPTON STATE: NY ZIP: 11932 BUSINESS PHONE: 6315371000 MAIL ADDRESS: STREET 1: PO BOX 3005 CITY: BRIDGEHAMPTON STATE: NY ZIP: 11932 FORMER COMPANY: FORMER CONFORMED NAME: BRIDGE BANCORP, INC. DATE OF NAME CHANGE: 20190819 FORMER COMPANY: FORMER CONFORMED NAME: BRIDGE BANCORP INC DATE OF NAME CHANGE: 19940715 4/A 1 doc1.xml FORM 4/A X0306 4/A 2021-02-01 2021-02-04 0 0000846617 Dime Community Bancshares, Inc. /NY/ DCOM 0001269758 BASSWOOD PARTNERS, L.L.C. 645 MADISON AVENUE, 10TH FLOOR NEW YORK NY 10022 1 0 1 1 Director-by-Deputization Common Stock, par value $0.01 per share ("Common Stock") 2021-02-01 4 J 0 113081 A 427309 I See footnotes Common Stock 2021-02-01 4 J 0 52515 A 174033 I See footnotes Common Stock 2021-02-01 4 J 0 28648 A 73493 I See footnotes See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 See Exhibit 99.1 Exhibit List: ------------ Exhibit 99.1 - Explanation of Responses BASSWOOD PARTNERS, L.L.C., /s/ Matthew Lindenbaum 2021-02-05 EX-99.1 2 b40730920a.htm EXPLANATION OF RESPONSES
Exhibit 99.1 – Explanation of Responses

1.
This Form 4 is filed on behalf of Basswood Partners, L.L.C. (the “Reporting Person”). Basswood Partners, L.L.C. is the general partner of Basswood Financial Fund, LP (“BFF”), Basswood Opportunity Partners, LP (“BOP”) and Basswood Financial Long Only Fund, LP (“BFLOF”) (together, the “Funds”), and may be deemed to have a pecuniary interest in the Common Stock held directly by BFF, BOP and BFLOF. In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by the Funds is reported herein. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by the Funds, except to the extent, if any, of any direct or indirect pecuniary interest therein.  The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise.
 
Matthew Lindenbaum, a managing member of Basswood Capital Management, L.L.C, serves on the board of directors of the Issuer as a representative of the Reporting Persons.  As a result, each of the Reporting Persons is a “director-by-deputization” solely for purposes of Section 16 of the Exchange Act.  By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended, each of the Reporting Persons may be deemed to be a beneficial owner of the shares of Common Stock issued to Matthew Lindenbaum.
2.
Represents shares of Common Stock received in connection with the merger of Dime Community Bancshares, Inc. (“Dime”) and Bridge Bancorp, Inc. (“Bridge”) on February 1, 2021 (the “Merger”). On January 29, 2021, the last business day preceding the effective date of the Merger, the closing price of Dime’s common stock was $15.90 and the closing price of Bridge’s common stock was $24.43. Pursuant to the Merger, (i) BOP received 113,081 shares of Common Stock in exchange for 174,508 shares of Dime’s common stock; (ii) BFF received 52,515 shares of Common Stock in exchange for 81,043 shares of Dime’s common stock; and (iii) BFLOF received 28,648 shares of Common Stock in exchange for 44,210 shares of Dime’s common stock. These transactions were omitted from the Reporting Persons’ original Form 4.
3.
Common Stock held directly by BOP.
4.
Common Stock held directly by BFF.
5.
Common Stock held directly by BFLOF.