FORM 4 [X] 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 * Breitenstein Kurt 2. Issuer Name and Ticker or Trading Symbol Oritani Financial Corp [ ORIT ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP and CLO
(Last)         (First)         (Middle)
370 PASCACK ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)
12/1/2019
(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  12/1/2019    D    8704  D  (1) 0  D   

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  $15.40  12/1/2019    D        30000   4/12/2019  4/12/2028  Common Stock  30000   (2) 0  D   
Stock Options  $15.65  12/1/2019    D        20000   10/3/2017  10/3/2026  Common Stock  20000   (2) 0  D   

Explanation of Responses:
(1)  Each share of common stock of the Issuer was converted into and became exchangeable for the right to receive 1.6 shares of Valley National Bancorp ("Valley") common stock. Unvested shares of restricted stock will continue to vest under their original terms.
(2)  Stock options have been converted Valley stock options at the time of the merger, based on the merger exchange ratio of 1.6-for-one. Unvested stock options will continue to vest under their original terms.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Breitenstein Kurt
370 PASCACK ROAD
TOWNSHIP OF WASHINGTON, NJ 07676


EVP and CLO

Signatures
/s/ Marc P. Levy, pursuant to power of attorney 12/2/2019
**Signature of Reporting Person Date
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