UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 15, 2022

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The First of Long Island Corporation

(Exact name of the registrant as specified in its charter)

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(516) 671-4900

(Registrant’s telephone number)

Not applicable

(Former name or former address, if changed since last report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e) The employment agreements previously entered into between The First of Long Island Corporation (the “Company”), its wholly owned subsidiary, The First National Bank of Long Island (the “Bank”), and President and Chief Executive Officer Christopher Becker, as well as the employment agreements previously entered into between the Company, the Bank and executive officers Jay McConie, Christopher Hilton, Janet Verneuille and Richard Perro have been amended to provide that the severance benefits payable in the event of a qualifying termination of employment following a change in control of the Company shall be a multiple of base salary plus annual cash incentive compensation (calculated based on target levels of performance for the year in which the change in control occurs), rather than a multiple of base salary only. The employment agreement with Mr. Becker was amended and restated in light of previous amendments and is attached to this Form 8-K filing as Exhibit 10.12. The form of amendment to each of the other employment agreements is attached to this Form 8-K filing as Exhibit 10.13.

Item 9.01 Financial Statements and Exhibits

Exhibit 10.12 – Amended and Restated Employment Agreements between The First of Long Island Corporation, The First National Bank of Long Island and Christopher Becker.

Exhibit 10.13 – Form of Amendment to Employment Agreements between The First of Long Island Corporation, The First National Bank of Long Island and Jay McConie, Christopher Hilton, Janet Verneuille and Richard Perro.

Exhibit 104 – Cover page interactive data file (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Dated: February 17, 2022