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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DONAHUE THOMAS J 		2. Issuer Name and Ticker or Trading Symbol

ASTORIA FINANCIAL CORP [ AF ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

ONE ASTORIA FEDERAL PLAZA 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/23/2010
(Street)

LAKE SUCCESS, NY 11042
(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   5/23/2010     J    10760   D $0   0   I   (1) RSA Vest  
Common Stock   5/23/2010     J    10760   A $14.47   (2) 77026.35   D   (1)  
Common Stock                  62507   I   (3) DC Plan  
Common Stock                  27000   I   (4) Spouse  

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
Non-Statutory Stock Option   (5) $16.2709                    1/16/2001   1/15/2011   Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $18.5467                    1/15/2002   5/23/2011   (6) Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $18.1933                    1/15/2003   5/23/2011   (6) Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $24.1667                    1/15/2004   5/23/2011   (6) Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $26.2333                    1/18/2005   5/23/2011   (6) Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $29.79                    1/17/2006   5/23/2011   (6) Common Stock   6000     6000   D    
Non-Statutory Stock Option   (5) $29.72                    1/16/2007   5/23/2011   (6) Common Stock   6000     6000   D    

Explanation of Responses:
( 1)  Upon Mr. Thomas J. Donahue's death on 5/23/2010, represents vesting and distribution on 5/23/2010 of previous awards of restricted stock (1,805 shares granted on 1/28/2008, 5,494 shares granted on 2/2/2009, and 3,461 shares granted on 2/1/2010 respectively). This is pursuant to the Astoria Financial Corporation 2007 Non-Employee Director Stock Plan, or the 2007 Plan. The transaction represents a change in the form of beneficial ownership from indirect to direct.
( 2)  Represents value of restricted stock at time of vesting and is the value of services rendered by the Reporting Person to the Issuer.
( 3)  Shares are held in the Thomas J. Donahue Defined Contribution Plan.
( 4)  Shares are held by Mr. Donahue's spouse.
( 5)  Options were granted pursuant to the 1999 Stock Option Plan for Outside Directors of Astoria Financial Corporation, or the 1999 Plan.
( 6)  This Expiration Date changed upon Mr. Donahue's death.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DONAHUE THOMAS J
ONE ASTORIA FEDERAL PLAZA
LAKE SUCCESS, NY 11042 		X



Signatures
Thomas J. Donahue by Alan P. Eggleston, attorney-in-fact 5/27/2010
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Astoria (NYSE:AF)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Astoria Charts.
Astoria (NYSE:AF)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Astoria Charts.