FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549 OMB APPROVAL
OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP hours per response.......0.5
CHECK THIS BOX IF NO
LONGER SUBJECT TO
SECTION 16. FORM 4 OR Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
FORM 5 OBLIGATIONS MAY Section 17(a) of the Public Utility Holding Company Act of 1935 or
CONTINUE. SEE Section 30(f) of the Investment Company Act of 1940
Instruction 1(b).
(Print or Type Responses)
1. Name and Address of Reporting Person* 2. Issuer Name AND Ticker or Trading 6. Relationship of Reporting
Symbol Person(s) to Issuer
(Check all applicable)
CASTELLI PETER J. DIME COMMUNITY BANCORP, INC. Director 10% Owner
X Officer (give Other (specify
title below)
below)
(Last) (First) (Middle) 3. IRS or 4. Statement for FIRST VICE PRESIDENT
Social Security Month/Year
Number of FEBRUARY, 1998
209 HAVEMEYER STREET Reporting
Person (Voluntary)
(Street) 5. If Amendment, 7. Individual or Joint/Group Filing
Date of Original (Check Applicable Line)
BROOKLYN NY 11211 (Month/Year) X Form filed by One Reporting Person
(City) (State) (Zip) Form filed by More than One
Reporting Person
TABLE I NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF,
OR BENEFICIALLY OWNED
1. Title of Security 2. Trans- 3. Trans- 4. Securities 5. Amount of 6. Ownership 7. Nature of
Instr. 3) action action Acquired (A) Securities Form: Indirect
Date Code or Disposed Beneficially Direct (D) Beneficial
(Inst. 8) of (D) Owned at End or Indirect Ownership
(Instr. 3,4 of Month (I) (Instr. 4)
and 5) (Instr. 3 and 4) (Instr. 4)
(Month/
Day/
Year)
Code V Amount (A) or Price
(D)
COMMON STOCK 2/02/98 J 2,892 A 1,547 D
COMMON STOCK 2/02/98 J 2,892 D 29,115 I ESOP, RRP
and 401(k)
Plans
COMMON STOCK 2/03/98 J 1,345 D $20.9993
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). (Over)
SEC 1474 (7-96)
FORM 4 (CONTINUED)
TABLE II DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., puts, calls, warrants, options, convertible securities)
1.Title 2.Conver- 3.Trans- 4.Trans- 5.Number 6.Date Ex- 7.Title 8.Price of 9.Number of 10.Owner- 11.Nature of
of Deriv- sion or action action of Deriv- ercisable and Amount Derivative derivative ship Indirect
ative Secu- Exercise Date Code ative Secu- and Ex- of Under- Security Securities Form Benefi-
rity of De- (Month/ (Instr. rities Ac- piration lying Secu- (Instr. 5) Beneficially of cial
(Instr. 3) rivative Day/ 8) quired (A) Date rities Owned at End Deri- Owner-
Security Year) or Dis- (Month/ (Instr. 3 of Month vative ship
posed of Day/ and 4) (Instr. 4) Secu- (Instr.4)
(D)(Instr. Year) rity
3, 4 and Direct
5) (D) or
Indirect
(I)
NO TRANSACTIONS IN CURRENT PERIOD. 25,000 I Stock
Option
Plan
Code V (A) (D) Date Expira- Title Amount or
Exer- tion Number of
cisable Date Shares
Explanation of Responses:
Vesting of a portion of the 14,460 shares acquired on February 1, 1997 pursuant to the Recognition and Retention Plan for
Outside Directors, Officers and Employees of Dime Community Bancorp, Inc.
Sale of a portion of the 2,892 shares acquired on February 1, 1998 pursuant to the Recognition and Retention Plan for
Outside Directors, Officers and Employees of Dime Community Bancorp, Inc. Sale transaction incurred solely to fund income
tax liability related to these acquired shares.
**Intentional misstatements
or omissions of facts
constitute Federal Criminal
Violations.
SEE 18 U.S.C. 1001
and 15 U.S.C. 78ff(a). /s/PETER J. CASTELLI MARCH 3, 1998
------------------------- ------------------
**Signature of Reporting Date
Note: File three copies of Person
this Form, one of
which must be By: Peter J. Castelli
manually signed. If
space provided is
insufficient, SEE
Instruction 6 for
procedure.
Potential persons who
are to respond to the
collection of information
contained in this form
are not required to
respond unless the form
displays a currently valid
OMB Number.
Page 2
SEC 1474 (7-96)