Canarick Paul T Form 4 FIRST OF LONG ISLAND / PAUL T CANARICK ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CANARICK PAUL T

(Last) (First) (Middle)

THE FIRST NATIONAL BANK OF LONG ISLAND

10 GLEN HEAD ROAD

(Street)

GLEN HEAD NY 11545

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FIRST OF LONG ISLAND CORP [ FLIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction 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(1)	08/17/2015		M		2,967	A	$12.333	48,810.5854	D
Common Stock	08/17/2015		M		2,564	A	$14.947	51,374.5854	D
Common Stock	08/17/2015		M		1,488	A	$14.54	52,862.5854	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction 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 (Month/Day/Year)		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: 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 Option(2)	$12.333	08/17/2015		M			2,967	01/21/2013	01/21/2018	Common Stock	2,967	$12.333	0	D
Stock Option(3)	$14.947	08/17/2015		M			2,564	01/19/2014	01/19/2019	Common Stock	2,564	$14.947	0	D
Stock Option(4)	$14.54	08/17/2015		M			1,488	01/17/2012	01/17/2017	Common Stock	1,488	$14.54	0	D

Explanation of Responses:

1. Reflects transaction not required to be reported under the Securities Exchange Act of 1934, as amended.

2. This option was previously reported as covering 1,978 shares at an exercise price of $18.50 per share, but was adjusted to reflect the October 15, 2014 stock split.

3. This option was previously reported as covering 1,709 shares at an exercise price of $22.42 per share, but was adjusted to reflect the October 15, 2014 stock split.

4. This option was previously reported as covering 496 shares at an exercise price of $43.62 per share, but was adjusted to reflect the April 16, 2007 and October 15, 2014 stock splits.

	Dina Cascione POA Paul T. Canarick	08/18/2015
	** 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).
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