Current Report Filing (8-k)
November 14 2019 - 4:46PM
Edgar (US Regulatory)
false0001483195Oritani Financial Corp00014831952019-11-142019-11-14
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 14, 2019
ORITANI FINANCIAL CORP.
(Exact name of Registrant as specified in its charter)
Registrant’s telephone number, including area code: (201) 664-5400
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
Securities registered pursuant to Section 12(b) of the Act:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 Submission of Matters to a Vote of Security Holders.
On November 14, 2019, Oritani Financial Corp (the “Company”) held a Special Meeting of Shareholders (the “Meeting”). Of the 45,100,052
shares of the Company’s common stock outstanding at the close of business on September 16, 2019, the record date for the Meeting, 37,456,862 shares were present or represented by proxy at the Meeting, constituting a quorum to conduct business.
The voting from the Meeting as to the proposals presented to shareholders was as follows:
Proposal 1 – Approval of the Merger Agreement
The shareholders approved and adopted the Agreement and Plan of Merger, dated as of June 25, 2019, between Valley National Bancorp and
the Company, pursuant to which the Company will merge with and into Valley National Bancorp. The vote on Proposal 1 was as follows:
Proposal 2 – Approval of Non-binding, Advisory Resolution to Approve Certain Compensation Payable to Named Executive Officers
The shareholders did not approve, on a non-binding advisory basis, the compensation that will or may become payable to the named
executive officers of the Company based on or related to the merger. The vote on Proposal 2 was as follows:
Proposal 3 – Approval of Adjournment or Postponement of the Meeting
The proposal to adjourn or postpone the Meeting to a later date, if necessary, to solicit additional proxies in favor of approval of the
merger agreement or to vote on other matters properly before the Meeting was not considered by shareholders based on the approval of Proposal 1 at the Meeting.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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