Santacroce Kevin Form 4 Dime Community Bancshares / KEVIN SANTACROCE 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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X

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^*

SANTACROCE KEVIN

(Last) (First) (Middle)

898 VETERANS MEMORIAL HIGHWAY

SUITE 560

(Street)

HAUPPAUGE NY 11788

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dime Community Bancshares, Inc. /NY/ [ DCOM ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2021

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	02/01/2021		F		2,308(1)	D	$25.41	41,252.5822	D
Common Stock	02/01/2021		A		3,149(2)	A	$0.00	44,401.5822	D
Common Stock	02/01/2021		A		9,838.6462(3)	A	$0.00	54,240.2284	D
Common Stock	02/01/2021		A		13,774.1047(4)	A	$0.00	68,547.5528(5)	D
Common Stock								15	I	Son

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 Options	$36.19							02/01/2021	02/13/2028	Common Stock	7,592		7,592	D
Stock Options	$35.35							02/01/2021	02/12/2029	Common Stock	10,396		10,396	D
Stock Options	$34.87							02/01/2021	02/13/2030	Common Stock	11,128		11,128	D

Explanation of Responses:

1. Reflects witholding of shares to satisfy tax obligations.

2. Reflects earned Performance Share Units that vested on Feburary 1, 2021

3. Cliff Vests on the 1 year anniversary of the closing date of the Merger effective February 1, 2021.

4. Vests in equal installments on the 2nd, 3rd, and 4th anniversary following the closing date of the Merger on February 1, 2021

5. Reflects transactions not required to be reported pursuant to the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ Edward A. Quint, pursuant to power of attorney	02/03/2021
	** 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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