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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): September 24, 2020

__________________

The First of Long Island Corporation

(Exact name of the registrant as specified in its charter)

__________________

New York

001-32964

11-2672906

(State or other jurisdiction of

(Commission File Number)

(IRS Employer

incorporation or organization)

Identification No.)

10 Glen Head Road

Glen Head, New York

11545

(Address of principal executive offices)

(Zip Code)

(516) 671-4900

(Registrant’s telephone number)

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 (See General Instruction A.2. below):

¨  

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨  

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨  

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨  

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading Symbol

Name of Each Exchange on Which Registered

Common stock, $0.10 par value per share

 FLIC 

 Nasdaq 

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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e) The First of Long Island Corporation and its wholly owned subsidiary, The First National Bank of Long Island have agreed to amend the employment agreement for Christopher Becker, President and Chief Executive Officer, dated March 18, 2019 (the “Employment Agreement”). As amended, the Employment Agreement provides that the 36-month term (the “Employment Period”) will renew each year for an additional 12 months unless notice of non-renewal is provided to Mr. Becker, in which event the remaining Employment Period would be 24 months.

Item 9.01Financial Statements and Exhibits

Exhibit 10.1 – Amendment Number One to the Employment Agreement by and among The First of Long Island Corporation, The First National Bank of Long Island and Christopher Becker dated September 24, 2020.

Exhibit 104 – Cover page interactive data file (embedded within the Inline XBRL document)

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 thereunto duly authorized.

The First of Long Island Corporation

(Registrant)

By: /s/ WILLIAM APRIGLIANO

William Aprigliano

Senior Vice President & Chief

Accounting Officer

(principal accounting officer)

Dated: September 29, 2020

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