UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of
1934 (Amendment No. 1)
Bridge Bancorp, Inc.
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(Name of Issuer)
Common Stock, no Par Value
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(Title of Class of Securities)
10835106
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(CUSIP Number)
Dennis J. Block, Esq.
Cadwalader, Wickersham & Taft LLP
One World Financial Center
New York, NY 10281
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 18, 2008
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(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g),
check the following box |_|.
Note: Schedules filed in paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7 for other
parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.
The Information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP NO.:
1 NAMES OF REPORTING PERSONS
Patrick E. Malloy
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S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
OO
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER OF 394,937
SHARES -----------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 0
REPORTING -----------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
394,937
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
394,937
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES |_|
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.43%
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14 TYPE OF REPORTING PERSON
IN
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AMENDMENT NO. 1 TO SCHEDULE 13D
This Amendment No. 1 amends and supplements the Schedule 13D dated January
4, 2008 (the "Original Statement", as so amended shall be known as the
"Statement") filed with the Securities and Exchange Commission on January 4,
2008 relating to the Common Stock, par value $0.01 per share of Bridge Bancorp,
Inc., a New York company (the "Company"). Unless otherwise indicated, all
capitalized terms used herein shall have the same meaning as set forth in the
Original Statement.
Items 3, 4 and 5 of the Schedule 13D are hereby amended and supplemented as
follows:
Item 3. Source and Amount of Funds or Other Consideration.
The aggregate purchase price of the 394,937 shares of Common Stock purchased by
Reporting Person was $7,932,132.06. The funds used by the Reporting Person to
purchase the Common Stock of the Company were derived from borrowing through
personal funds.
Item 4. Purpose of the Transaction.
The Reporting Person acquired the Common Stock for investment purposes because
he believes that the Common Stock is undervalued in the market place and
represents an attractive investment opportunity. The Reporting Person has had,
and intends to continue to have, conversations with the Company's Chief
Executive Officer, and may have conversations with other members of management
and the board of directors, regarding the Company, its business, its prospects
and possible strategies to enhance shareholder value, which may include, among
other things, ideas and strategies to improve the Company's financial
performance and to grow and broaden the Company's competitive position. The
Reporting Person also intends to discuss these matters with other shareholders
and market participants. Depending on the Company's response to the Reporting
Persons' suggestions and views regarding the company, the Reporting Person may
consider engaging in a proxy contest to attempt to replace one or more members
of the Company's board of directors with persons nominated by the Reporting
Person.
Except as set forth in the Schedule 13D, the Reporting Person does not have any
present plan or proposal that would relate to or result in any of the matters
set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. The Reporting
Person intends to review his investment in the Company on a continuing basis.
Depending on various factors including, without limitation, the Company's
financial position and strategic direction, price levels of the Common Stock,
conditions in the securities market and general economic and industry
conditions, the Reporting Person may in the future take such actions with
respect to his investment in the Company as he deems appropriate including, but
not limited to, purchasing additional Common Stock or selling some or all of his
Common Stock in the open market or in privately negotiated transactions or
otherwise. The Reporting Person may seek regulatory approval to acquire more
than 10% of the outstanding common stock of the Company.
Item 5. Interest in Securities of the Issuer.
According to the Company's Form 8-A filed on June 9, 2008, as of June 4, 2008,
the Company had 6,146,872 shares of common stock outstanding. The Reporting
Person is the beneficial owner of 394,937 shares of Common Stock or 6.43% of the
outstanding Common Stock.
The Reporting Person has the sole power to vote, or to direct the vote of
394,937 shares of Common Stock and sole power to dispose of, or to direct the
disposition of 394,937 shares of Common Stock.
The following table sets forth all transactions with respect to the Common Stock
effected during the past 60 days by the Reporting Person, inclusive of any
transactions effected through 4:00 p.m., New York City time, on June 25, 2008.
Except as otherwise noted, all such transactions were effected in the open
market.
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Date No. of Shares of Price Per Share ($) Transaction Type
Common Stock of Common Stock
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4/28/08 4,000 20 Purchase
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4/28/08 4,000 20 Purchase
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4/28/08 4,000 20 Purchase
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4/28/08 600 19.80 Purchase
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5/6/08 2200 21.77 Purchase
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5/7/08 1320 21.60 Purchase
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5/8/08 2000 20.99 Purchase
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5/16/08 175 21.60 Purchase
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5/22/08 1400 19.60 Purchase
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5/23/08 1200 19.60 Purchase
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6/2/08 486 20.35 Purchase
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6/3/08 200 19.90 Purchase
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6/4/08 1392 20.10 Purchase
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6/13/08 3000 21.07 Purchase
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6/17/08 1822 21.10 Purchase
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6/18/08 2000 21.10 Purchase
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6/18/08 1724 21.10 Purchase
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6/20/08 454 21.10 Purchase
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6/24/08 7400 19.60 Purchase
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SIGNATURE
After reasonable inquiry and to the best of each of the undersigned's
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
/s/ Patrick E. Malloy
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Patrick E. Malloy
Date: June 26, 2008