Michael J. Spolarich - 01 Jun 2025 Form 4 Insider Report for FIRST OF LONG ISLAND CORP (FLIC)

Role
EVP, Chief Credit Officer
Signature
/s/ Maria Doyle, pursuant to power of attorney
Issuer symbol
FLIC
Transactions as of
01 Jun 2025
Transactions value $
$0
Form type
4
Filing time
02 Jun 2025, 09:40:54 UTC
Previous filing
14 Apr 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spolarich Michael J. EVP, Chief Credit Officer 275 BROADHOLLOW ROAD, MELVILLE /s/ Maria Doyle, pursuant to power of attorney 01 Jun 2025 0001831728

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLIC Common Stock Options Exercise +8.07K +78.04% 18.4K 01 Jun 2025 Direct F3
transaction FLIC Common Stock Award +5.05K +27.43% 23.5K 01 Jun 2025 Direct F2
transaction FLIC Common Stock Disposed to Issuer -23.5K -100% 0 01 Jun 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FLIC Restricted Stock Unit Options Exercise -3.02K -100% 0 01 Jun 2025 Common Stock 3.02K $0.00 Direct F3
transaction FLIC Restricted Stock Unit Options Exercise -5.05K -100% 0 01 Jun 2025 Common Stock 5.05K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael J. Spolarich is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of September 4, 2024 (the "Merger Agreement"), between the Issuer and ConnectOne Bancorp, Inc., each issued and outstanding share of Issuer common stock was converted into the right to receive 0.5175 shares of ConnectOne Bancorp, Inc. common stock (subject to the payment of cash in lieu of fractional shares) (the "Per Share Stock Consideration").
F2 Represents performance-based restricted stock units ("PSUs") which were originally granted on January 1, 2024, but have not been previously reported. At the Effective Time of the merger (as defined in the Merger Agreement), pursuant to the terms of the Merger Agreement, the PSUs vested at target level and were exchanged for the Per Share Stock Consideration.
F3 At the Effective Time of the merger (as defined in the Merger Agreement), pursuant to the terms of the Merger Agreement, each unvested Restricted Stock Unit fully vested and was exchanged for the Per Share Stock Consideration.