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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * Lynch Kevin J 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)
President and CEO
(Last)         (First)         (Middle)
370 PASCACK ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)
11/25/2019
(Street)
TOWNSHIP OF WASHINGTON, NJ 07676
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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  11/25/2019    M    30000  A $11.95  792137  D   
Common Stock  11/25/2019    S    100  D $19.025  792037  D   
Common Stock  11/25/2019    S    1280  D $19.03  790757  D   
Common Stock  11/25/2019    S    300  D $19.035  790457  D   
Common Stock  11/25/2019    S    390  D $19.04  790067  D   
Common Stock  11/25/2019    S    1699  D $19.05  788368  D   
Common Stock  11/25/2019    S    100  D $19.0507  788268  D   
Common Stock  11/25/2019    S    900  D $19.055  787368  D   
Common Stock  11/25/2019    S    1582  D $19.06  785786  D   
Common Stock  11/25/2019    S    753  D $19.0607  785033  D   
Common Stock  11/25/2019    S    500  D $19.065  784533  D   
Common Stock  11/25/2019    S    2256  D $19.07  782277  D   
Common Stock  11/25/2019    S    100  D $19.0707  782177  D   
Common Stock  11/25/2019    S    511  D $19.075  781666  D   
Common Stock  11/25/2019    S    1100  D $19.08  780566  D   
Common Stock  11/25/2019    S    100  D $19.085  780466  D   
Common Stock  11/25/2019    S    10  D $19.09  780456  D   
Common Stock  11/25/2019    S    17819  D $19.10  762637  D   
Common Stock  11/25/2019    S    400  D $19.105  762237  D   
Common Stock  11/25/2019    S    100  D $19.12  762137  D   
Common Stock                 17792  I  By Family 
Common Stock                 70433 (1) I  By ESOP 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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 Options  $11.95  11/25/2019    M        30000   8/18/2012  8/18/2021  Common Stock  30000  $0.00  851697  D   

Explanation of Responses:
(1)  Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lynch Kevin J
370 PASCACK ROAD
TOWNSHIP OF WASHINGTON, NJ 07676
X
President and CEO

Signatures
/s/ Marc P. Levy, pursuant to power of attorney 11/26/2019
**Signature of Reporting Person Date
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